Saturday, 7 January 2012

Why not all businesses trial new their new products?

Reason for this can be because:

  • It is seen as a waste of time for the firm
  • It is too expensive to do
  • Their may already be high demand for the product due to the brand name and so product trialing is not needed
  • Afraid of competitors finding out about their product and do not want to reveal it on trial as the product may be copied.
  • Multinationals use countries as test markets instead.

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