"Putting on market" is a term commonly used in business and legal contexts, particularly in the field of commerce and trade. It refers to the process or act of making a product or service available for sale or distribution to the general public or potential customers. It involves the steps taken to bring a product from production or creation to the point where it is offered for purchase or consumption by consumers.
This term incorporates various activities and considerations involved in the marketing and sales process. It may encompass activities such as product development, packaging, pricing, promotion, and distribution. "Putting on market" involves the overall strategy and implementation of bringing a product or service to market, aiming to attract and satisfy customer demand.
Moreover, this term also implies compliance with relevant laws, regulations, and industry standards governing the sale and distribution of products or services. It often requires businesses to fulfill specific legal requirements, such as obtaining necessary licenses, adhering to safety regulations, or meeting quality standards, before launching or making a product available for sale.
In summary, "putting on market" refers to the process of preparing, positioning, and making a product or service available for sale to potential customers, encompassing the various activities involved in marketing, distribution, and legal compliance.
