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Top 10 reasons why start-ups fail
By Kukil Bora, SiliconIndia
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7 Comments
9. Poor marketing
For a start-up to become successful, it's very important to know its target audience and the trick to get their attention and convert them to ultimate customers. In almost 30 percent of start-up failures, ineffective marketing was a primary cause of failure. Every start-up should ensure that it has someone who can find distribution channels and develops business relationships for the company.
10. Product that never comes out of development
Developing the right product in accordance with the market need and releasing it in the market in time is very crucial for any company to survive. If the product never comes out of the development phase, it can easily lead the start-up to the verge of its end.
