Vine — One of the Most Successful Failed Products

  1. The strong competitors.
  • Invest in research and development is essential. In a rapidly changing digital world, it is importabt to go further and develop the product to accellerate the envoilving needs of users.
  • Knowing and adapting to the market is the key. Don’t ever underestimate your competitors. Do the research and analysis properly, and make sure you differentiate and still keep in the leading position.
  • Have a monetization plan. No matter how innovative your product is, if it doesn’t make money, it won’t survive.

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