time-to-market

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Term: time-to-market

Definition:

Time-to-market refers to the period it takes from the initiation of a product idea or concept to its availability in the market for purchase by customers. It is an essential metric for measuring the efficiency of a business in launching new products or services.

Sample sentences:

Our company's time-to-market for new smartphone models is unparalleled in the industry.
The pressure to reduce time-to-market can lead to compromised product quality.
In today's competitive market, companies that can shorten their time-to-market gain a significant advantage.
Effective project management techniques can help streamline the time-to-market process.

Possible related products:

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