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Ostrovityanka [42]
3 years ago
8

Why do so many new products fail? Give your opinion

Business
2 answers:
Tomtit [17]3 years ago
7 0
The cost may be too much so people won’t want to buy. It could be because they haven’t reached out to the right audience or just no one has really noticed the product.
ratelena [41]3 years ago
4 0

Answer:

BECAUSE THEY SUCK

No jk

Explanation:

About 30 to 45% of new products fail to deliver any meaningful financial return. This typically happens due to a number of reasons, from poor product / market fit, failure to understand customer needs (or fixing a non-existing problem), to a lack of internal capabilities.

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The dynamic aggregate supply and demand model explains inflation as follows: In the short run, an economy's production capacity is limited to existing factors of production, ie there is little room to increase the amount of capital and thus the supply of goods and services. Thus, if aggregate demand, that is, the economy's consumption capacity grows faster than production capacity, that is, to supply goods and services, there will be demand inflation, which happens when aggregate consumption pressures aggregate supply, raising price levels.

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