White Space
An area in a market or industry that is currently underserved or unaddressed, presenting opportunities for innovation and new business ventures.
An area in a market or industry that is currently underserved or unaddressed, presenting opportunities for innovation and new business ventures.
A brainstorming technique that involves listing all possible attributes of a product or problem to generate new ideas and solutions.
Newly developing patterns or shifts in technology, behavior, or design that have the potential to influence future practices and strategies.
A cognitive bias where new evidence or knowledge is automatically rejected because it contradicts established norms or beliefs.
A creative thinking technique where the typical process is reversed to generate new ideas by considering the opposite of conventional assumptions.
New Product Development (NPD) is the complete process of bringing a new product to market, from idea generation to commercialization.
Product Advisory Council (PAC) is a group of customers, industry experts, and stakeholders who provide feedback and guidance on a company's product strategy and development.
A professional responsible for promoting a product and driving its adoption in the market, through strategies like market research, positioning, and communication.
The competitive advantage gained by the initial significant occupant of a market segment, which can lead to brand recognition and customer loyalty.