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Factors Contributing to Success or Failure or a Product

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Describe a product that entered the market over the past two to three years and succeeded. Why did it succeed? Describe a product or service that you saw (or experienced) fail over the past five years. What factors influenced the failure? How did the positioning of each product contribute to the resultant success or failure?

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Solution Summary

200+ words describe and analyze the success of a recent product and failure of another.

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A product that entered the market in the last two to three years would be the Swiffer Sweeper and the entire line of Swiffer convenience products. There are many reasons why this product succeeded. First, the company offered coupons with a substantial discount for first purchases of ...

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