Snippet 6: Coupling to Reduce Market Risk
In our final snippet of this series, we acknowledge that sometimes being first to market can carry great risk, especially if the concept is very new to purchasers and thus difficult to understand. In order to reduce market risk with a new concept, it is useful to use a technique we refer to as 'Coupling' to essentially remove the feeling of absolute newness and high novelty in the eyes of the purchaser.
Production Year: 2015
Duration: 4 min
Series: Business Development
Want to learn more about ClickView?
We would be more than happy to come to your school and show you how your teachers and students can benefit from ClickView.Try ClickView for Free