Phase 1
2024
Market Analysis
Identify strengths and weaknesses of key competitors.
Conduct in-depth market research to understand current trends and consumer preferences.
Phase 2
2025
Product Development
Test products with consumer panels to gather initial feedback.
Develop a comprehensive product development plan focusing on innovative solutions aligned with market trends.
Phase 3
2026
Product Launch
Launch products gradually in targeted markets.
Develop a robust marketing strategy including social media campaigns, advertising, and promotions.