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Persistent link: https://www.econbiz.de/10011349928
We show that some customers systematically purchase new products that flop. Their early adoption of a new product is a strong signal that a product will fail - the more they buy, the less likely the product will succeed. These customers, whom we call ‘Harbingers' [of failure], prefer products...
Persistent link: https://www.econbiz.de/10013055918