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Marketing
Product Led vs Market Led
Product Led
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Created by
Niamh
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Cards (6)
A product led approach means the business develops products based on what it is
good
at making or doing, rather than what a
customer
wants.
Focuses on developing and producing a
quality
product and then attempting to
sell
it.
No market
research
is carried out before the product is
developed.
Focuses on product
research
/
testing
Focuses on designing
new
and
innovative
products.
Usually little
competition
in the market.