Types of new product
Modification
Major innovation
Minor innovation
Modification
70%. Ham and cheese pringles
Major innovation
10%
Completely new
Primary demand: tell people why they need it
Minor innovation
20%
Cheep version of major innovation
Institutional demand : why u should buy their products over the major products
Product refinement
Keep tweeting and making one product better
US
Product churning
Shot gun product out see what sticks
Japan
Parallel development
Make iPhone 1 2 3 4 in advance when competitors try to answer back you drop the next product
Freshening
Bringing logo or value prop up to date
Green washing
When people think ur environmentally friendly cause u use green In ur design