Improve profits from your older products

July 14, 2008 · Print This Article

Once your design has achieved good sales, you may be tempted to keep your product on the market indefinitely, but the market is fickle. Products cycle through stores, through the minds of consumers, and often end up old news as trends fade and consumers look for something fresh. The market becomes saturated with new, exciting products, and your once brilliant sales begin to decline. Everyone has your product, and they do not need more of the same. You have two options. One: create a new product. Envisioning an entirely new product, however, costs precious time and money and is not always effective. Two: redesign you product.
Redesign allows you to tweak the great ideas that have been a success in the past without completely throwing out the blueprints and starting over with an experimental product. Giving your product a new design revitalizes public interest and often makes previous customers, who may still own your merchandise, take a second look. Revamping an old product can bring it into the current marketplace and expand your audience of potential consumers.
At Source Products Asia, we not only specialize in product design but also redesign. We know that a good idea is a good idea and with some creativity, many products can be reintroduced into the marketplace with success. Our designers will evaluate your product and suggest alterations and improvements that will give your ideas and profits a longer life.
Whether you need design or redesign SPA’s product development team has the resources to help you renew your product, improve your profit margins, and extend the life cycle of your product.

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68 Responses to “Improve profits from your older products”

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