WHY and How do businesses re-launch products?
Posted by James on October 4, 2013 · Leave a Comment
Question by Drew: WHY and How do businesses re-launch products?
I just need a few points about why and how businesses re-launch their products back into the market.
Best answer:
Answer by alicegirl71
Why: maybe the product had a design flaw, or lacked a feature that consumers wanted. Or maybe it was just marketed wrong – targeted the wrong group, or the ads were offensive, or didn’t reach the right audience.
How: mainly through marketing. Trying a different approach, emphasizing what is different about the product, running ads at different times in different media, and so on.
Know better? Leave your own answer in the comments!