COMMERCIALIZATION

Commercialization

Commercialization is the process or cycle of introducing a new product or production method into the market. The actual launch of a new product is the final stage of new product development and the one where the most money will have to be spent for advertising, sales promotion, and other marketing efforts.

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commercialization

Noun

  1. the act of commercializing


The above text is a snippet from Wiktionary: commercialization
and as such is available under the Creative Commons Attribution/Share-Alike License.

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