Good examples of revolutionary products

Reference no: EM13173012

Good examples of revolutionary products. the ATM card seems to come to mind, as well as "The Swifter" mop, iPad, Nook Color.

By using the Internet, even small firms with limited resources can enjoy some of the same competitive advantages as their largest competitors in making their products available to customers internationally at low cost. Technology coupled with the proliferation of E-commerce can result in radical changes in distribution strategies. Today most goods are mass-produced, and in most cases end users do not obtain products directly from manufacturers. With the Internet, however, the need for intermediaries and much of what has been assumed about the need and benefits of channels will change. In the future, channel intermediaries that physically handle the product may become largely obsolete. Many traditional intermediaries are already being eliminated as companies question the value added by layers in the distribution channel. This removal of intermediaries is termed disintermediation, the elimination of some layers of the distribution channel in order to cut costs and improve the efficiency of the channel.

Consumers more and more want "instant gratification," as a result, comment on the theory of "more time and money for delivery" equals an increase in disintermediation.

Reference no: EM13173012

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