http://retailminded.com/blog/wrong-product-wrong-time-wrong-market/ News, Education & Support For Boutique Businesses Wed, 16 May 2012 03:29:47 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://retailminded.com/blog/wrong-product-wrong-time-wrong-market/#comment-722 AmandaLeigh Sun, 14 Jun 2009 23:46:45 +0000 http://retailminded.com/?p=2901#comment-722 Great piece. Interested to know more about "wrong time" in the Northern hemisphere. Down in South Africa, we present to boutiques in May for August delivery (summer) and market in October for March delivery (winter). Great piece. Interested to know more about “wrong time” in the Northern hemisphere. Down in South Africa, we present to boutiques in May for August delivery (summer) and market in October for March delivery (winter).

]]> http://retailminded.com/blog/wrong-product-wrong-time-wrong-market/#comment-253 Nicole Reyhle Thu, 16 Apr 2009 20:26:17 +0000 http://retailminded.com/?p=2901#comment-253 Absolutely price should be considered! Thanks for pointing this out. As mentioned in the blog, there are so many steps involved when preparing to launch a product. Pricing is certainly among the most important! Thank you again! Absolutely price should be considered! Thanks for pointing this out. As mentioned in the blog, there are so many steps involved when preparing to launch a product. Pricing is certainly among the most important! Thank you again!

]]> http://retailminded.com/blog/wrong-product-wrong-time-wrong-market/#comment-251 Simone Thu, 16 Apr 2009 16:19:53 +0000 http://retailminded.com/?p=2901#comment-251 How about wrong pricing? Even if the product, the time, and the market is right, the pricing can be wrong -- too high, or sometimes too low! Pricing is not just about cost, but about perception. Ask yourself how much people would be wlling to pay for your product. Research what similar and competitive items are going for (not merely how much they were original;y priced, but how much they actually sold for). How about wrong pricing? Even if the product, the time, and the market is right, the pricing can be wrong — too high, or sometimes too low! Pricing is not just about cost, but about perception. Ask yourself how much people would be wlling to pay for your product. Research what similar and competitive items are going for (not merely how much they were original;y priced, but how much they actually sold for).

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