Ideas have been crated and trashed by entrepreneurs since the introduction of the internet and utilizing its accessibility as a tool for marketing. So just imagine how many are those ideas already and others are still floating in this new phenomenon called the World Wide Web. Although it is true that an idea's longevity can be measured of this new phenomenon's usefulness to the clientele, other factor that should be considered is an idea's resistance to change. When we say, resistance to this new phenomenon it means, that the products is flexible enough to suite and match a variety of changes over a period of time. To set my point clearly, roughly 20 years ago the fad of whitening soaps, age defying creams and other beauty products are now wiped out by the more scientific and enhanced option of plastic surgery. But, the central themes with these trends lie in the fact that these merchandise are all for the sake of beauty.
The following checklist will help internet entrepreneurs assess and therefore gain valuable insights on how to improve outdated internet schemes and merchandise and at the same time prevent the untimely drop of your newly introduced internet product in the market.
1. Do your research. Everything is in the need. From the top ten things that clients hate about the recent product in the internet on baby care to the archives of the latest 100 top selling products in the 20th century. To sum it all, everything that you will ever need when looking for old products and the reasons why they didn't last long is just in the touch of that mouse button.
2. Experiment. On of the reasons why a product is unsuccessful in the market is due to some entrepreneurs' failure to meet the clients' standards. Hence, it is the duty of a product designer to see to it that every inch of the new products meets both specific and general criteria. The problem with commodities that focuses on specific factors is the danger of being easily left out especially if they cater to a certain age generation and cohort. While on the other hand, dwelling on the general needs makes a product less prone to changes. To cite an example, fad and hyped products such as those in response to fashion star statements often do not last long as compared to general lingerie and clothing line. Naturally, in dealing with general trends, always keep in mind to add a touch of what is new, what is more adaptive to the situation and what is more reasonable. The experimentation comes in with the proper market assessment and product innovations.
Remember that we are dealing with internet users here and these people might have seen that product somewhere and sometime a few years back. Therefore your priority as an entrepreneur is to wisely maneuver the positive points of a product coupled with your researched solutions that answered its shortcomings. Further, keep in mind the basic principle of market strategy. Old merchandise that is re-invented to meet a new phenomenon in the World Wide Web will certainly not last long in the market considering its competitive environment. On the other hand, the market success of an old commodity or an invention is higher when it is re-furnished to meet a general standard and by keeping it free from its former shortcomings.
The following checklist will help internet entrepreneurs assess and therefore gain valuable insights on how to improve outdated internet schemes and merchandise and at the same time prevent the untimely drop of your newly introduced internet product in the market.
1. Do your research. Everything is in the need. From the top ten things that clients hate about the recent product in the internet on baby care to the archives of the latest 100 top selling products in the 20th century. To sum it all, everything that you will ever need when looking for old products and the reasons why they didn't last long is just in the touch of that mouse button.
2. Experiment. On of the reasons why a product is unsuccessful in the market is due to some entrepreneurs' failure to meet the clients' standards. Hence, it is the duty of a product designer to see to it that every inch of the new products meets both specific and general criteria. The problem with commodities that focuses on specific factors is the danger of being easily left out especially if they cater to a certain age generation and cohort. While on the other hand, dwelling on the general needs makes a product less prone to changes. To cite an example, fad and hyped products such as those in response to fashion star statements often do not last long as compared to general lingerie and clothing line. Naturally, in dealing with general trends, always keep in mind to add a touch of what is new, what is more adaptive to the situation and what is more reasonable. The experimentation comes in with the proper market assessment and product innovations.
Remember that we are dealing with internet users here and these people might have seen that product somewhere and sometime a few years back. Therefore your priority as an entrepreneur is to wisely maneuver the positive points of a product coupled with your researched solutions that answered its shortcomings. Further, keep in mind the basic principle of market strategy. Old merchandise that is re-invented to meet a new phenomenon in the World Wide Web will certainly not last long in the market considering its competitive environment. On the other hand, the market success of an old commodity or an invention is higher when it is re-furnished to meet a general standard and by keeping it free from its former shortcomings.
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