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Influence of Marketing Strategy on NPD Performance: Role of Customer Perceived Value and Product Characteristics
Author(s) -
HanWen Liu,
Liren Yang
Publication year - 2014
Publication title -
open journal of social sciences
Language(s) - English
Resource type - Journals
eISSN - 2327-5960
pISSN - 2327-5952
DOI - 10.4236/jss.2014.23007
Subject(s) - marketing , business , marketing strategy , new product development , product (mathematics) , relationship marketing , value (mathematics) , customer value , marketing management , process management , computer science , mathematics , economics , market economy , geometry , hierarchy , machine learning
Marketing strategy may be one of the major causes of new product development (NPD) project success. However, many organizations ignore adequate marketing strategy leading to a poor NPD performance. The primary purpose of this research was to investigate the associations among implementation of brand marketing strategy, customer perceived value (CPV), and NPD performance. The second objective was to determine whether the impact of customer perceived value on NPD project performance was moderated by product characteristics.

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