Remove Competition Remove Marketing Remove Product Innovation Remove Product Strategy
article thumbnail

Why Less is More: Product Strategy

Innovation Excellence

Anxiety floods the boardroom, the conference rooms, every decision. Costs are rising. Returns are flat. Margins are thinning. Now, private label competitors are beating us in every area: technology, price, placement, design and sales. Worse, they have turned the category that we invented into a commoditized war zone and keep us in a rigid box.

article thumbnail

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

For example, one company saw they were making most of their sales from their traditional products, so they focused on that. A short while later they were pushed out of the market by companies that had innovated and created new products. So buying innovation externally is a smart option.

Survey 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

For example, one company saw they were making most of their sales from their traditional products, so they focused on that. A short while later they were pushed out of the market by companies that had innovated and created new products. So buying innovation externally is a smart option.

Survey 40
article thumbnail

Ideation: Anatomy of a New Product Idea

Taivara

Wargaming – Wargaming seeks a robust, flexible strategies that enable your product to anticipate and outmaneuver competitive, or other, threats that can have devastating consequences. A few years ago, cannabis was a black-market business. If it costs me $10 to sell each product for $1, it’s not a business.

article thumbnail

Top 10 Product Development and Innovation Management Predictions for 2024

Planview

As we welcome the new year, we asked our team of product innovation experts and thought leaders to identify trends they’re seeing across the industry and within our customer implementations. Factors influencing product development and delivery, like environmental impact (e.g.,