TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in as a member*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 24 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. TUG started 25 years ago this month in 1993 as a group of regular Timeshare owners just like you!

    Check out our happy birthday post here: Happy Birthday TUG!
    Dismiss Notice
  4. TUG has now saved timeshare owners more than $10,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $10Million dollars
    Dismiss Notice
  5. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  6. TUG is trying out a new program that will trade you a TUG membership for a Timeshare resort review if you are an expired member, or even just a guest here on the forums!

    Read more here
    Dismiss Notice
  7. Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
    Dismiss Notice
  8. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice
  9. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice

Historic Blunders: 50 Worst Product Flops of All Time

Discussion in 'TUG Lounge' started by MULTIZ321, Jul 11, 2018.

  1. MULTIZ321

    MULTIZ321 TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    14,107
    Likes Received:
    1,039
    Trophy Points:
    498
    Location:
    FT. LAUDERDALE, FL
    Resorts Owned:
    BLUEWATER BY SPINNAKER HHI
    ROYAL HOLIDAY CLUB RHC (POINTS)
    Historic Blunders: 50 Worst Product Flops of All Time
    By Michael B. Sauter, Evan Comen, Thomas C. Frohlich and Samuel Stebbins, 24/7 Wall Street/
    Money/ USA Today/ usatoday.com

    "Some product launches can be spectacular failures, and Google Glass, an eyeglasses shaped head-mounted device with smartphone capabilities, failed in such a manner several years ago. It was meant to be the first piece of technology to connect the typical consumer to augmented reality.

    Google continues to attempt to find a place for the product, but its original launch was a definitive failure. In 2017, the internet giant announced the relaunch of the device to target to businesses rather than the general public, but whatever happens, it will be adopted by a meaningfully narrower audience.

    Just like success, failure is part of doing business. Entrepreneurs and large companies often take big risks, hoping for success but not always achieving it.

    These failures take many different forms. When a product doesn’t sell, when it is recalled or discontinued, or when it otherwise does not come close to meeting a company’s expectations or plans, it can be marked as a failure. While failures are expected, some can be so catastrophic they can lead to permanent damage to a company’s reputation, layoffs, and even complete financial ruin.

    Sometimes, it can take years, or even decades for a product flop to disappear from the market. This was the case with Betamax a video format which Sony introduced, expecting it to replace VHS. Despite being technologically superior to VHS, Betamax lost market share until it eventually vanished.

    24/7 Wall Street reviewed some of the greatest product launch blunders throughout history. Today, these product flops exist as case studies companies use to avoid future failure. They range from Ford’s Edsel in 1958 to 2016’s Galaxy Note 7. Many of these products led to losses in the hundreds of millions, and sometimes billions. In tech, film, the internet, the pharmaceutical industry, and more, these are the biggest product flops of all time.

    [​IMG]
    (Photo: The Coca-Cola Company / Wikimedia Commons)


    Richard
     
    Panina likes this.
  2. WalnutBaron

    WalnutBaron TUG Review Crew: Veteran TUG Member

    Joined:
    Mar 27, 2008
    Messages:
    1,758
    Likes Received:
    1,591
    Trophy Points:
    374
    Location:
    Northern California
    Resorts Owned:
    Hyatt Highlands Inn, Hyatt Pinon Pointe, Welk
    They didn’t mention an epic failure I learned about in my MBA marketing classes. Sometime in the 1970’s, Sunsweet decided to chop prunes into raisin-sized pieces for baking. The product concept had apparently tested well, so well that they rushed the product to market with three major supermarket chains.

    What they forgot to do was test the packaging. Big problem.

    It turned out that the chopped prunes gave off an organic gas that caused the airtight cellophane bags they were packed in to expand. Pretty soon, Sunsweet was getting emergency calls from hundreds of stores describing “exploding prunes” in the supermarket aisles.

    Needless to say, the company admitted that their concept testing had failed to test the packaging. Oops!
     
  3. CanuckTravlr

    CanuckTravlr TUG Member

    Joined:
    Apr 23, 2016
    Messages:
    247
    Likes Received:
    153
    Trophy Points:
    104
    Location:
    Toronto, Ontario, Canada
    Resorts Owned:
    HGVC Ocean 22
    Re: the original link in Richard's post: What's with the stupid "up to 10" question survey to be able to read the USA Today article??? Ridiculous!!! This seems to be happening more often and I refuse to participate.
     
  4. bbodb1

    bbodb1 TUG Member

    Joined:
    Apr 9, 2016
    Messages:
    770
    Likes Received:
    550
    Trophy Points:
    153
    Location:
    Northern Hemisphere
    Resorts Owned:
    RCI Weeks: LaCosta Beach Club (Pompano Beach, FL), RCI Points: Oakmont Resort (Pigeon Forge, TN), Vacation Village at Parkway
    Wyndham: CWA and La Belle Maison
    How does this list not include the 'new and improved' Wyndham website??????
     
  5. MULTIZ321

    MULTIZ321 TUG Member

    Joined:
    Jun 6, 2005
    Messages:
    14,107
    Likes Received:
    1,039
    Trophy Points:
    498
    Location:
    FT. LAUDERDALE, FL
    Resorts Owned:
    BLUEWATER BY SPINNAKER HHI
    ROYAL HOLIDAY CLUB RHC (POINTS)
    Hi CanuckTravlr,

    When I open the link in my Firefox Browser, I'm able to read the entire article without having to complete a survey. So I am surprised to learn that you were asked to complete a survey in order to be granted access to the entire article.
    I can understand your frustration. Sometimes one is granted a certain number of "free" articles a month from certain publications (e.g., The New York Times, The Washington Post) before the majority of the article is locked behind a paywall until one subscribes. But it doesn 't sound like that is what you are describing. Not sure why it happened to you.

    Best Regards.
    Richard
     
  6. CanuckTravlr

    CanuckTravlr TUG Member

    Joined:
    Apr 23, 2016
    Messages:
    247
    Likes Received:
    153
    Trophy Points:
    104
    Location:
    Toronto, Ontario, Canada
    Resorts Owned:
    HGVC Ocean 22
    Thanks for your reply Richard. It was not a rant against you. I am using Google Chrome. I have no problem with the one-question surveys. I have no problem when they are a single question or you have a limited number of articles in a month, which are quite common at a number of online newspaper sites, as you mention. But when I opened the link at USA Today, I could initially see the article and then it went blank and I got the survey. Said I needed to answer 1 to 10 questions to read the article. Unfortunately the survey was geared to US residents, because the first two were for products/brand names not offered in Canada, so had to hit "other" or "n/a". I figured I would have to answer the full 10 questions, so I just hit the "exit" button and then vented. LOL.

    UPDATE: Out of curiosity I just tried the link again. This time it told me I only had to answer a maximum of 3 questions and If I had to answer all three, then I would not be asked another survey for the next 7 days. Lo and behold I answered the first question and was able to finally read the survey, even though my answer was still "other". Not sure if they were able to track my previous attempts or they had a lot of complaints and reduced the number of questions. Either way, the article was certainly interesting. Glad to see that the Edsel, the one besides New Coke that first came to my mind, was there.
     
    Last edited: Jul 14, 2018
  7. Panina

    Panina TUG Review Crew: Expert TUG Member

    Joined:
    Jul 13, 2015
    Messages:
    2,574
    Likes Received:
    2,319
    Trophy Points:
    298
    Location:
    USA
    Resorts Owned:
    Hgvc Eagles Nest, Hgvc Surf Club, Hgvc Indian River, Hgvc Anderson, Sunrise Bay & Club, Chetola, Gulf Tides, Jade Tree Cove, Banyan Resort, Blue Ridge Village
    I never heard of some of these products, bad marketing may have doomed some.
     

Share This Page