Why new products fail, and how to avoid it

von | Nov. 1, 2022 | News, News aus der Branche

Marketing and sales are how you grow a business. But how do you build products people actually want? This is the foundation of any successful business.

Over the past 13 years I’ve witnessed countless examples of companies and products that have been launched…only to see them crash and burn – regardless of how much time, effort, and money were poured into it.

The interesting thing was that the patterns for failure were the same whether the products were being developed by a small team of passionate entrepreneurs, or a large company with an abundance of resources at its disposal.

The core reasons for product failures can be distilled into 3 things.

If you understand these 3 things, new products have a tremendous chance to succeed.

Without these 3 things…it just leads to years of frustrations and wasted resources.

This Thursday, I’m doing a LIVE with Greg Kunin, someone I’ve had the pleasure of knowing and working with for years, where we’ll be going into depth on what these 3 things are, and how you can integrate them into the product development process to ensure the success of your next product.

More on LinkedIn

Florian Seikel

Florian Seikel

Managing Director

Tel. +49 162-2561001

Gemeinsam für einen starken Mittelstand

Fahrplan für eine zukunftsfähige Wirtschaftspolitik 12-Punkte-Plan der Mittelstandsallianz des BVMW für die anstehenden Koalitionsverhandlungen und nächste Legislaturperiode. Fahrplan 2030:Was für den Mittelstand wichtig ist Wettbewerb Digitalisierung Arbeitsmarkt...

Handlungsempfehlungen Infrastruktur Gesundheitssytem (InGes) für die 21. Legislaturperiode des Deutschen Bundestages

Handlungsempfehlungen Infrastruktur Gesundheitssytem (InGes) für die 21. Legislaturperiode des Deutschen Bundestages Schwerpunktthema Gesundheit Die Prognosen gehen weiterhin von steigenden Gesundheitskosten in den kommenden Jahren aus. Die Ankündigungen über...

Commission’s E-commerce Communication prioritises Level Playing Field but leaves questions unanswered

Commission’s E-commerce Communication prioritises Level Playing Field but leaves questions unanswered PRESS RELEASE Feb 05, 2025 Today, the European Commission released its Communication on safe and sustainable e-commerce, addressing the critical issue of ensuring a...

Ecommerce Europe publishes its updated position on the Customs reform and third-country imports

Ecommerce Europe publishes its updated position on the Customs reform and third-country imports Ecommerce Europe published a new position paper on the Union Customs Code revision and the third-country imports. E-commerce goods directly imported by consumers in the EU...

Feedback Paper – Ecommerce Europe’s feedback on DAC9 proposal

Ecommerce Europe fully appreciates the foresight and practicality embodied in the DAC9 proposal, aimed to help companies with their filing obligations under the Pillar 2 Directive. By allowing for centralised filing of top-up tax information returns, this directive...

Handlungsempfehlungen für die 21. Legislaturperiode des Deutschen Bundestages (Neuwahlen 23. Februar 2025)

Handlungsempfehlungen für die 21. Legislaturperiode des Deutschen Bundestages (Neuwahlen 23. Februar 2025) Schwerpunktthema Digitalisierung der Infrastruktur des modernen Handels in Deutschland & Europa  Lade Dir hier die Handlungsempfehlungen herunter...

𝗣𝗼𝘀𝘁𝗮𝗹 𝗣𝗿𝗼𝘀𝗽𝗲𝗿𝗶𝘁𝘆 𝗭𝗼𝗻𝗲 (𝗣𝗣𝗭): 𝗣𝗮𝗿𝘁 𝟯: 𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗣𝗼𝘀𝘁𝗮𝗹 𝗜𝗧 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝘀 𝘁𝗵𝗲 𝗰𝗼𝗿𝗲 𝗼𝗳 𝗣𝗣𝗭

𝗣𝗼𝘀𝘁𝗮𝗹 𝗣𝗿𝗼𝘀𝗽𝗲𝗿𝗶𝘁𝘆 𝗭𝗼𝗻𝗲 (𝗣𝗣𝗭):𝗣𝗮𝗿𝘁 𝟯: 𝗦𝗲𝗮𝗺𝗹𝗲𝘀𝘀 𝗣𝗼𝘀𝘁𝗮𝗹 𝗜𝗧 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝘀 𝘁𝗵𝗲 𝗰𝗼𝗿𝗲 𝗼𝗳 𝗣𝗣𝗭 In today’s Hashtag#ecommerce Hashtag#ecosystem, data is king and seamless Hashtag#dataintegration is now standard. Suppliers, Hashtag#marketplaces, and...

Ecommerce Europe published a new position paper on the rise of payment costs

Ecommerce Europe published a new position paper on the rise of payment costs  Payments are the backbone of Hashtag#ecommerce, but rising costs are placing a heavy burden on merchants, especially Hashtag#SMEs. In our latest position paper, we highlight key challenges:...

The postal prosperity zone (PPZ) – Part 2

𝗧𝗵𝗲 𝗣𝗼𝘀𝘁𝗮𝗹 𝗣𝗿𝗼𝘀𝗽𝗲𝗿𝗶𝘁𝘆 𝗭𝗼𝗻𝗲 (𝗣𝗣𝗭): 𝗣𝗮𝗿𝘁 𝟮: 𝗪𝗵𝗮𝘁 𝗶𝘀 𝗮 𝗣𝗼𝘀𝘁𝗮𝗹 𝗣𝗿𝗼𝘀𝗽𝗲𝗿𝗶𝘁𝘆 𝗭𝗼𝗻𝗲 (𝗣𝗣𝗭) 𝗣𝗿𝗼𝗷𝗲𝗰𝘁, 𝗮𝗻𝗱 𝘄𝗵𝗮𝘁 𝗮𝗿𝗲 𝗶𝘁𝘀 𝗴𝗼𝗮𝗹𝘀? The rise of #global #marketplaces and their advanced #supplychains, and the growing #digitalrequirements of #authorities and #regulations have placed...

The postal prosperity zone (PPZ) – Part 1

𝗣𝗮𝗿𝘁 𝟭: 𝗔 𝗡𝗲𝘄 𝗘𝗿𝗮 𝗳𝗼𝗿 𝗣𝗼𝘀𝘁𝗮𝗹 𝗖𝗿𝗼𝘀𝘀-𝗕𝗼𝗿𝗱𝗲𝗿 𝗘𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗮𝗻𝗱 𝗟𝗼𝗴𝗶𝘀𝘁𝗶𝗰𝘀 Global Hashtag#ecommerce has reshaped the landscape of cross-border trade. For decades, national postal operators – Designated Operators (Hashtag#DOs) – managed the bulk of international parcel...