Your customers' is always important and necessary for creation of a new product. That is why some business ventures spend thousands of Dollars to take people's opinion through online surveys.
Who does the creation of new products affect?
- Thread starter Shavkat
- Start date
Introducing a new product can be the market is very challenging because it may be difficult to differentiate it from existing offerings or to convince customers to switch to the new product.
Good point
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Good point
Yes without doing survey at all or not doing enough survey can cause low return or even loss on that product and it can even affect consumer's trust for the rest of their products
Probably, that is why business people that want to remain competitive must always make a budget for Survey. It will make their business more successful.
- Thread starter
- #26
I am sure businessmen need to be aware when to produce products in seasonal. It has been a trend that they need to be so creative and innovative. I am sure some clients buy these products ahead of time.
People usually moves towards the new and unique items and if the companies do not work on that they will definitely lose their customers and the sale of that product will move towards that company who will introduce new model very shortly.
Yeah, so many business people definitely know that. The level of competition during that particular period will also be high that is why it is important to be innovative.
