Tuesday, January 19, 2010

Diversify Your Product Line

If you want to protect your product line from sudden shifts in demand or new
competition, embrace diversity. Don’t just rely on one bestselling product to
carry the weight of your product line (and by extension your company). As
soon as you realize that a particular product is succeeding, start investing in
the next crop of products to avoid the risk of putting all of your eggs in one
basket.

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