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Simplicable Guide top » marketing » product marketing » product development » product risk
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Design 10 Types of Product Risk
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More ... posted by John Spacey, July 12, 2017
Product risk is the potential for losses related to the marketing of a product or service. It is managed us
management process of identifying, treating, controlling and monitoring risk as part of product developm
management. The following are common types of product risk.
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Operational Risk
Operational risk such as a delayed product launch due to production issues.
Price Risk
Price risks such as a new product launch that sparks a price war with a competitor.
Customer Experience
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Renault CAPTUR Customer experience issues such as a product with poor usability.
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Quality Risk
Poor quality. This can occur due to requirements, non-functional requirements, design, testing or quality
Brand Risk
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A product that reflects poorly on your brand. This can occur due to customer experience and quality issu
Related Guides it can be a product that simply doesn't appeal to your customers such that it impacts your brand image. F
Advertising snowboarding brand that alienates customers with a line of ski wear.
Branding
Competition Inventory Risk
Ethics
Metrics Problems with inventory such as shortages in one channel and excess inventory issues in another.
Pricing
Reputation
Damage to your reputation as a firm due to a failed product and resulting publicity.
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A product that is deemed to violate laws, regulations or standards. In some cases, a product can attract n
is perceived to damage markets, the environment or quality of life.
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Failures of a product that cause damages such as an unsafe product that results in injuries.
Overview: Product Risk
Type Product Development
The potential for losses related to the marketing of a produc
Definition
service.
Product Development »
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Risk Identification »
Related Concepts
Product Development Risk Treatment »
Branding Risk Control »
Customer Experience Product Management »
Design
Innovation
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Price War
An overview of price wars.
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Marketability
The common types of marketability.
6 Types of Marketability »
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Proof Of Concept
The common types of proof of concept.
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Convenience Product
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Decision Making The common types of convenience product.
Design
Economics 11 Types of Convenience Product »
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Management An overview of augmented products.
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9 Types of Augmented Product »
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Product Launch
The common elements of a product launch.
7 Types of Rollout »
Product Innovation
The basic types of product innovation.
Product Requirements
Common examples of product requirements.
Value Proposition
The common types of customer value proposition.
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