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Why do people keep making new products when there are already so many similar ones out there?
Yesterday, I saw a similar question that made me pause and think. After doing some research, I found out there are a few reasons for this, like driving innovation, creating jobs to boost the economy, and standing out in the market. Mostly, people keep making new products because they see chances to improve on what’s already available or to meet needs that haven’t been addressed. What are your thoughts on this?
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Zane Ryan
because of evolution
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You're right - people often see specific problems or gaps in existing products and want to address them. It's not just about making something new, but about refining what's already out there. Plus, many new products are tailored to a particular niche or target audience, which might only be a subset of the broader market that current solutions serve
Personally, I think it's fascinating how even small improvements or focused features can make a big difference for certain users. That's the beauty of continuous innovation!
I think people create new products to build on existing ideas and add their unique touch.
People continue to create new products because there’s always room for improvement and innovation. Even in crowded markets, there are unique needs, pain points, or preferences that existing products might not fully address. Plus, new products often introduce better technology, more convenience, or a fresh perspective. What do you think drives this constant wave of new ideas?
@princejoseph I think the drive for new ideas comes from the desire to solve problems and make life easier. People are always looking for better ways to do things, and new technology helps them find solutions that fit different needs and preferences.
@all_appp_games I agree! When companies make similar products, they compete to improve and attract customers, driving better products and market progress.
I think new products emerge because people are always looking for ways to address the limitations or frustrations they experience with existing offerings. Even if something similar already exists, an entrepreneur might see an opportunity to tailor a product to a specific niche, improve on certain features, or deliver a better user experience. Competition also drives innovation - companies want to differentiate themselves. So while there may be a lot of overlap in the market, those nuances in new products can make a real difference for their target users.
I think there's also the need for self-realization on the side of the makers.
There's always a way to improve something—like making it cheaper, easier to use, or just more interesting.
Then, you've got the fact that everyone likes different things. What works great for one person might not do it for another, so having options means more people find what suits them best.
Plus, technology is always moving forward. New materials, faster processors, better design, etc. They do it to remain relevant.
Also, there's competition. Companies want to stay ahead of the game and grab people's attention, so they keep trying to come up with their own twists on something. It’s how they stay in the race and keep their business growing.
So, in a nutshell, I believe people keep coming up with new products to improve on what’s out there, stay top-of-mind, and add their personal touch.
