What are the best practices and examples of product innovation through experimentation?
Product innovation is the process of creating new or improved products that meet customer needs and generate value for your business. However, product innovation is not easy or risk-free. It requires constant learning, testing, and adapting to changing market conditions and user feedback. How can you increase your chances of product innovation success? One of the best practices is to use experimentation as a core tool for validating your ideas, assumptions, and hypotheses. In this article, you will learn what product experimentation is, why it is important, and how to apply it in your product development process. You will also see some examples of product innovation through experimentation from different industries and domains.