Startups: Why do digital products fail?

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Have you ever wondered why so many digital products fail? It's a question that many entrepreneurs and developers ask themselves, especially in a world where technology is advancing by leaps and bounds. Tomorrow, Tuesday 24th, Demian Schnaidman will give a workshop at SquadS Ventures to share the findings of an analysis based on more than 110 startups. This talk promises to be revealing and, honestly, you can't miss it.

The reasons behind the failure of digital products
Understanding why digital products fail is crucial for any entrepreneur or developer. Here are three key reasons that will be discussed in tomorrow's workshop:

Lack of market research: Many products are launched without a clear understanding of the needs and wants of the target market.

Usability issues: A product may have a great idea behind it, but if it is korean email list not easy to use, users will quickly abandon it.

Lack of adaptation and evolution: The digital market is dynamic and products must constantly adapt to new trends and technologies.

These points are just the tip of the iceberg. In the workshop, Demian will go into more depth on each of these aspects, providing concrete examples and strategies to avoid these common mistakes.

Contextualizing the problem
Digital product failure is not a new phenomenon. From the dotcom bubble of the late 1990s to startups closing their doors today, history is littered with examples of products that failed to take off. But what can we learn from these failures?

First, it's important to understand that failure isn't always a bad thing. In fact, many successful entrepreneurs have failed several times before finding success. The crucial thing is to learn from those mistakes and apply those learnings to future projects.

The importance of market research
One of the most common mistakes entrepreneurs make is launching a product without proper market research. This can lead to creating a product that no one wants or needs. Market research allows you to understand the needs and desires of your target audience, which is essential to developing a product that truly resonates with them.

In addition, market research helps you identify your competitors and understand what they are doing well and what they are not. This gives you a competitive advantage and allows you to position your product more effectively in the market.