On the Power of “Good Enough”

Sometimes, we see companies with fantastic products – and they fail commercially. Sometimes, we see companies with fantastic products, and they can even solve real problems for real customers – and yet, they fail commercially.  Now, there is certainly no shortage of reasons why companies can fail commercially in spite of having fantastic products, and I will not attempt to enumerate and discuss them here. Instead, I would like to highlight only one very specific reason which in my opinion often remains neglected, or even unnoticed altogether: competitors or substitutes that are good enough. Good enough is a very powerful concept. I claim that having a product that is good enough is often preferable to having a product that is superior. Let’s have a look at three examples of products or systems in the warehouse automation industry that are failing to meet commercial expectations through the lenses of “good enough”. 

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Nachhaltigkeit im Online-Handel: Anmerkungen zur Digitalstudie 2022 der Postbank

Kürzlich wurde die “Digitalstudie 2022” der Postbank zum Thema Online-Shopping vorgestellt, welche verschiedene Aspekte des Online-Bestellverhaltens der Deutschen repräsentativ untersucht. Die Zusammenfassung der Ergebnisse können als Pressemeldung auf den Internetseiten…

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