New products seldom generate enough sales to bring immediate profits.

Name: New products seldom generate enough sales to bring immediate profits.
Brand: Quizplus
Rating: 4.7 (34 reviews)

Question

Quizplus · Accepted Answer

It is common for new products to have a slow start and require time for customers to become aware of and interested in the products. This means that the initial sales and revenue from the new product may not be enough to cover the costs of development and production, resulting in lower or even negative profits in the short term.

New Products Seldom Generate Enough Sales to Bring Immediate Profits