This week we learned about new product development. We discussed idea generation, development and testing. I found in the PowerPoint presentation from this chapter something that I could use in the future. It was a list of reasons new products fail.
Why New Products Fail:
- No discernible benefits
- Poor match between features and customer desires
- Overestimation of market size
- Incorrect positioning
- Price too high or too low
- Inadequate distribution
- Poor promotion
- Inferior product
No comments:
Post a Comment