Business Studies, asked by badshah2611, 11 months ago

What are the possible reasons for the failure of new product?

Answers

Answered by Anonymous

1

Answer:

Some of the reasons for failure of a new product are as follows:

Lack of product uniqueness: Any product that does not satisfy a unique need of consumers, fails to dislodge more established brands available. ...

Poor planning: ADVERTISEMENTS:...

Poor timing: ...

Misguided enthusiasm: ...

Product deficiencies:

Answered by ItsSpiderman44

1

Answer:

Some of the reasons for failure of a new product are as follows:

Lack of product uniqueness: Any product that does not satisfy a unique need of consumers, fails to dislodge more established brands available. ...

Poor planning: ADVERTISEMENTS: ...

Poor timing: ...

Misguided enthusiasm: ...

Product deficiencies:

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