Why did these startups companies fail in this era of e-commerce project? This is a question, lots of e-commerce website owners asked for it: “why we failed and other succeeded and others failed ?!”
Mustafa FakhouriEcommerce, Social Media & Management Analysis| Renewable Concepts for Projects Support Co. - TajdeedAl Sharqeyah, Dammam, Dammam, Saudi Arabia
Why did these startups companies fail in this era of e-commerce projects?
This is a question, lots of e-commerce website owners asked for it: “why we failed and others succeeded and others failed ?!”
The lack of proper risk management planning, the failure to mention the potential risks of this project, and what are the solutions to these risks.
My opinion, one of lots reasons:
Some of these managers and company owners, their ideas and the way of their management have been dispersed, and this was reflected to them, they confused, and this was reflected in their employees and themselves. That Lead to lost control of matters from their hands.
I hope, who has experience in this field will not be skeptical to us with his knowledge?
Greetings Saving Changes...
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Usman ShahProject Manager| Logic Power SolutionsRawalpindi, Pb, Pakistan
Lack of marketing is on of the main reasons of failure of startup companies. Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
Because they do not understand that a project has sense because a solution to a business problem will be created, where solution is equal to "the thing" to be created (product/service/result) plus "the way" to create it (project). Then, a project by itself, has no sense. Saving Changes...
when it comes to startups, not understanding what the market will want to pay for in a timely enough manner is a common cause for failure. This is why use of techniques such as an MVP is helpful...
A good market study may make difference in order to determine if a certain product or service will be acquired by the population at determined prices. Saving Changes...
Marcus UdokangProject Manager| Aivaz ConsultingCalgary, Alberta, Canada
Maybe poor marketing, not focused on the proper potential customer market? If you are selling a product, does that product have a market? Is there research to show this demand?
What is the goal of the project? Is the project focused on the proper deliverables, and the proper goal? Saving Changes...
"Humanity has advanced, when it has advanced, not because it has been sober, responsible and cautious, but because it has been playful, rebellious and immature."
