New Products – Success or Failure
New products continue to be introduced, some with greater success than others. Where do new products originate and what makes some introductions more successful than others?
Most New Products Originations are not New
It is estimated that only 10% of new products are major new innovations followed by minor modifications of existing products create about 20%. Therefore, the remaining 70% are modifications of existing and older products.
Learn MoreSmall Businesses Turn to SBDC for Help
Training Seminars and Consulting Services Provide Assistance to Start or Grow a Business
Local small business owners express talked to WUSF recently about their appreciation for the value provided by the Small Business Development Center at USF. “This has given me a lot of insight on how to be an ideal small business and grow into a large business” says Ty Huelle of MaskYourCard.com. “My goal is really to figure out how as an individual can I grow this business and this company through eCommerce”
The SBDC provides small business clients with “Seminars that pertain to them” says Eileen Rodriguez, “such as Financing, Marketing, Advertising, Taxes, Doing Business with the Government”. These training seminars typically run two to four hours and give clients the ability to learn what they need to help their small business success in a time frame that is convenient to a small business owner.