Marketing Strategy
Why Great New Products Fail
Companies often don’t focus enough on understanding how customers decide what to purchase.
Companies often don’t focus enough on understanding how customers decide what to purchase.
Not every product can enter the market at the ideal time. Three strategies can help new products make the most of any timing.
The ideal window of opportunity to enter a new industry starts when a dominant category label is introduced.
Managers can gauge their company’s customer focus by posing a set of five specific questions.
Under the right circumstances, companies of any size can grow to become platform leaders.
Innovation in developing markets has less to do with finding new customers than addressing issues of product acceptability, affordability, availability and awareness.
INTELLIGENCE: New developments, research and ideas in management
INTELLIGENCE: RESEARCH BRIEF: Assessing the role of electronic product-recommendation systems.