What is “New” about a New Product?
Open Access
- 1 July 1960
- journal article
- research article
- Published by SAGE Publications in Journal of Marketing
- Vol. 25 (1) , 52-56
- https://doi.org/10.1177/002224296002500109
Abstract
Why do some new products require heavy resources to establish, whereas others gain immediate acceptance? Why do some innovators fail, only to see others pick up the same product to achieve spectacular success? The following article suggests that the answer lies partly in what is “new” in the new product—in the sponsor's adaptation of his marketing strategy to the right element of novelty.Keywords
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