Time:2024-06-25 source:Industry News Popular:display shelving wholesaler Views:673
1、 Product reasons
1. Wrong product selection
The regional characteristics of products in the market are becoming increasingly evident, and markets in different regions require different specifications, packaging, and flavors. Even for flavors with the same name, the requirements of different markets are not the same. However, many companies operate in different regional markets without realizing the regional differences, resulting in unsold products once they are on the shelves.
A certain instant noodle company is also very cautious in product selection in order to develop the Northeast market. The main selling specification for products in the Northeast market is 30 packaging, but in order to quickly launch the market, the company has decided to promote 24 packaging that differs from the specifications of its competitors,
in order to implement a differentiation strategy and achieve product differentiation.
However, after the launch of the 24 pack product, the result was quite disappointing. Except for a few markets with certain sales, the company's original idea of using this specification as the main selling variety was completely unsuccessful. Moreover, in order to deal with the inventory left in the hands of customers and the products that were stuck in the market, the company had to allocate special expenses for processing. As a result, the company had to change its decision to use the 30 pack product to operate the market and achieve extraordinary performance.
2. The product concept is too advanced or the launch time is not well controlled
It is entirely correct to achieve significant breakthroughs in the market by grasping the potential demand of the market and developing products in a targeted manner. However, if the product concept is too advanced, it can lead to an awkward situation where the product is placed on the shelf but cannot be sold after it is launched.
A laundry detergent company in Shandong Province, under the pressure of thin profits from ordinary laundry detergent, decided to launch sterilized laundry detergent through research on foreign laundry detergent products. However, due to the fact that this type of laundry detergent is not accepted and recognized by domestic consumers, there was a situation where the product was placed on shelves but could not be sold after it was launched. In addition, the company did not have more funds and strength to promote this concept of product and had to declare that the product had no success. However, the arrival of SARS caused Chinese people to suddenly develop an interest in this concept of products due to health concerns. Therefore, laundry detergent companies such as Libai seized this opportunity and quickly brought this concept product to the market and became very popular.
3. Product aging
Product aging means that the product's lifecycle has entered a period of decline, but if a company is not aware of this issue and continues to increase efforts to sell such products, it will lead to a situation where the product is placed on the shelf but cannot be sold.
Read recommendations:
6-Tier Storage Shelving Units for Retail Store / Retail Shelving Display Unit / Retail Display Racks
Last article:Some tips for placing supermarket goods and how to make them easy to sell.4 tier metal bookself whol
Next article:4 tier steel wire shelf Solution.The cornerstone of modern warehousing
Popular Recommended Products
4-Tier Metal Shoes Rack
2022-12-153-Tier Washing Machine Storage Rack with Hanging Rods and Hooks
2022-11-232-Tier Shoes Rack Shoe Shelf Storage Organizer With Mesh Shelves
2022-12-155-Tier Wire Shelf for Industiral Storage / Steel Wire Shelf / Steel Wire Racking / Custom Steel Wir
2022-11-1111-Tier Commercial Grade Heavy Duty Steel Wire Shelving Unit in Chrome / Wire Shelving Unit for Rest
2022-11-29Lightweight shelving
2024-09-25What should I pay attention to when customizing iron shelves in a warehouse?counter top rack organiz
2023-08-14steel wire rack shelving.Is the service life of storage shelves longer
2024-06-07Warehouse shelf Manufacturer's warehouse shelf
2022-12-165 shelf wire storage rack.How to Choose Shelves in Large Comprehensive Supermarkets
2024-05-17book storage rack Production
2023-03-243-tier metal utility rolling cart Vendor
2023-04-124-shelf wire storage rack
2023-03-24wire closet shelf hardware
2023-04-12