New-product failures are most often caused by excessively high prices.

Name: New-product failures are most often caused by excessively high prices.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

New-product failures can be caused by a variety of factors, including poor market research, inadequate product development, ineffective marketing and promotion, lack of consumer demand and more. While pricing can certainly impact a new product's success, it is just one of many factors that need to be considered in the overall strategy.

New-Product Failures Are Most Often Caused by Excessively High Prices