Cycle glossary

Product terminology simply explained

Product Innovation

Product innovation refers to the process of creating and developing new or improved products that meet the changing needs and preferences of customers. In the realm of product management, innovation is crucial for staying ahead of the competition and satisfying customer demands. It involves coming up with fresh ideas, conducting market research, and incorporating feedback to design and build products that provide unique value. Just like a chef who experiments with new ingredients and flavors to create innovative dishes, product managers must constantly explore and iterate to deliver innovative products that excite and delight their customers.

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