as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain why some products fail in the marketplace.
user
products can fail in the marketplace for a variety of reasons, such as inadequate market research, inadequate promotion, poor customer service, poor product design or a lack of innovation. additionally, products can fail because the company did not address customer needs, or the timing of product launch was not appropriate. finally, products can fail if the product was too expensive or if the competition was too tough.
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