 | This article needs additional citations for verification. (December 2009) |
In commerce, time to market (TTM) is the length of time it takes from a product being conceived until its being available for sale. The reason that time to market is so important is that being late erodes the addressable market into which producers have to sell their product.[1] A common assumption is that TTM matters most for first-of-a-kind products, but actually a late product launch in any industry can negatively impact revenues—from reducing the window of opportunity to generate revenues to causing the product to become obsolete faster.[2]
- ^ Staff, Embedded (February 27, 2010). "Time to market is a critical consideration". Embedded.com. Retrieved July 20, 2020.
- ^ "What Are Late Product Launches Really Costing You?". Supply and Demand Chain Executive. December 18, 2017. Retrieved July 20, 2020.