How do you quantify the probability of success of a new product?

How do you quantify the probability of success of a new product?

By Discovery Lean Six Sigma

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For the sake of simplicity (and for most real situations) we will assume that this question is asked by a manager at a company that has been in business, understands the market, and this is a new product for this company. The basic product development metrics we will use are: Sales rate one year after ...



Original: https://www.innovationexcellence.com/blog/2019/08/04/how-do-you-quantify-the-probability-of-success-of-a-new-product/
By: John Carter
Posted: August 4, 2019, 12:00 pm

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