This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies By closing this message or continuing to use our site, you agree to our cookie policy. Learn MoreThis website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
I know I have to get new products into the marketplace, but I keep hitting roadblocks. Are there any good resources to help with new product development?
A: In 2003, consumer product manufacturers introduced 33,678 new products to the U.S. market, according to Information Resources Inc., Chicago. And the rate of innovation is accelerating. The 2003 figure represents a 6% increase in new product rollouts over 2002, and a whopping 94% increase in introductions over the last decade.