Product development is a process that starts from an idea and ends at an evaluation of the market performance of your idea. This idea can be any tangible item called product. Service development is similar to product development but it’s intangible.Eight steps involved in the process of product development#1 Generation of IdeaIdea generation is the first step in the development of the product. In this, we do the following thingsDo market research and analyze the need of … [Read more...] about Steps of Product Development