Causes of low market demand for products

Augusta

VIP Contributor
One thing you would be tackling in a business is low market demand for your products. This is because this one area that can totally ruin a business. Business is sustained on sales and sales comes through high demand of the products. So you first need to know what is causing the low demand to be able to tackle it

So what are the likely caused of low market demands of a product.

High pricing of a product with low pricing alternative

Poor product packaging

Low level of marketing and advertising of the product

Having high profile competitors with standard market share

You need to find out the cause for yours and tackle it headlong.
 
Top