Why New Products Might Fail... 1. Poor marketing plans. 2. Insufficient volume in the target marketing. 3. Lack of differentiation from other products. 4. Poor timing. 5. insufficient emphasis on the products benefits. 6. Low product quality. 7. Limited access to the market on and offline. 8. Insufficient finance available. Relatively few ideas are good enough to be commercially viable. New product ideas may evolve by chance, or through a systematic research and development approach. A purposeful approach is more likely to bear fruit than leaving matters to chance.
Posted on: Mon, 22 Dec 2014 13:18:19 +0000
Trending Topics
Recently Viewed Topics
© 2015