Product Viability
Product Viability refers to the potential of a product to meet market needs effectively, sustainably, and profitably, often assessed through market research and early user feedback.
Benefits
Product viability assesses whether a product can meet market needs sustainably and profitably, based on research and early feedback.
Frequently Asked Questions
What is the meaning of product viability?
Product viability refers to a product`s potential to meet market needs effectively, sustainably, and profitably.
What is the viability of the market?
Market viability refers to the potential for a market to support a product or business, indicating demand and profitability.
What is the meaning of viability in research?
Viability in research refers to the feasibility and potential success of a product or idea in the market.
Key Takeaway
Product Viability assesses whether a product can meet market needs profitably.