Hi Everyone,
I have been working in my uncle’s gemstone shop for the past three years and witnessed that he was not making profits as there was not much demand for his products in the region. So I advised him to start an imitation jewellery line within the premises to attract more people. He agreed but failed miserably at finding new buyers and blamed me for the extra expenditure. However, I knew that he had not promoted the launch and people were not aware of this new addition. As an entrepreneur, you must avoid this mistake at all costs and follow the steps mentioned in this article to ensure the success of your products.
https://www.business2sell.com.au/blogs/strategy/how-to-launch-a-new-product-or-service