The 8 stages-Bradley.b
If the feedback from consumers and your business associates is positive, a prototype or sample is created. This stage will allow you to see if the product works and allow your target market to use/ provide feedback for improvements, etc.
The development of your market strategy. Determine your target market and how to use the 4 Ps optimally sell them your product
5-Feasibility analysis / study
Done at the same time as the product design and market strategy stages.
What the product will look like. The design will depend on what it does and what the target market wants.
test acceptance of the product. Usually occurs by offering the product to a random sample of your target market.
The product has officially entered the market.