4 ms·
Also known as Innovator's Dilemma https://en.wikipedia.org/wiki/The_Innovator%27s_Dilemma https://en.wikipedia.org/wiki/The_Innovator%27s_Dilemma Most establis
by tarunkotia 4y ago
Also known as Innovator's Dilemma https://en.wikipedia.org/wiki/The_Innovator%27s_Dilemma https://en.wikipedia.org/wiki/The_Innovator%27s_Dilemma
Most established players don't want to cannibalize their existing market by launching a product in a niche segment. Sales and Marketing $$$ eat into the profits which is not easy to justify when you are profitable. If you are fighting for your survival then it's easy to reallocate resources to fight.