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:
11-Tier Commercial Grade Heavy Duty Steel Wire Shelving Unit in Chrome / Wire Shelving Unit for Rest
The difference between the main and auxiliary shelves of the shelves.chrome sliding wire shelf.steel
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
2-Tier Wire Metal Shelving For Living Room / Metal Display Shelving / Metal End Tables
2022-11-087-Tier Bookshelf / Book Storage Rack / Workstation Computer Desk With Wire Storage Shelves / Home O
2022-11-154-Tier Wire Shelf for Industry Storage / Boltless Steel Shelving Unit / Metal Wire Shelving Unit
2022-11-11MZG Steel Storage Shelving 4-Tier Wide, Chrome
2023-10-255-Tier Metal Shelves for Garage Storage / NSF Certification
2021-05-29Notes for installation details of attic platform.steel wire shelf 82 manufacture
2023-03-25Storage shelves: "buffer" center of cargo circulation.heavy duty metal garage shelving
2023-03-24storage shelving unit for bathroom.About Boutique shelves
2024-03-15Shelf type shelves.how to fix a wire closet shelf
2023-07-24Shelf scale division
2022-12-144 tier steel wire shelf Solution
2023-03-25storage shelving units for garage
2023-03-25wire storage rack kitchen supplier
2023-04-12steel wire rack shelving Solution
2023-03-25