MerchandisingRetail
95 Percent of New Products Fail — Here Are 10 Steps to Succeed
MerchandisingRetail

95% of New Products Fail — Here Are 10 Steps to Succeed

95% of New Products Fail — Here Are 10 Steps to Succeed

The success rate of new products launched into retail stores varies depending on the source. According to Harvard Business School professor Clayton Christensen, approximately 95% of

The success rate of new products launched into retail stores varies depending on the source. According to Harvard Business School professor Clayton Christensen, approximately 95% of the 30,000 new products introduced each year fail.

However, other sources suggest that the failure rate for new grocery store products is around 70-80%. In any case, it is evident that a significant percentage of products fail after launching into retail stores, highlighting the importance of thorough market research, effective

Discussion

0 Comments

No comments yet.