Brands have made windfalls and turned rags to riches in one fell swoop since entering the consumerism era. However, things do not always turn out perfectly. Business loss is a delicate subject, and companies frequently place restrictions on the disclosure of confidential information. The greater the company’s size, the greater the risk of losing credibility. Some of the firms on the list include Twitter, HP, Netflix, Coca-Cola, and PepsiCo.
Insider Monkey highlights the 15 biggest product flops in history. Extra-Terrestrial for 2600 is ranked 15th on the list of the top 15 product flops. At best, the game was a shambles that left players confused and upset. Thousands of copies of the book were left unsold. Peek, a product from Twitter Inc (NYSE: TWTR), is one of the top 15 product failures in history. The $99 tweeting device with a $200 subscription plan was a disaster, putting Twitter’s credibility in jeopardy. By 2016, all manufacturers except Samsung had stopped producing 3D televisions. Following the great success of Avatar, the concept was quickly adopted. The requirement of specific lenses, active shuttering, separate glasses for different brands, excessive cost, and incompatible accessories caused havoc on LG 3D TV sets. RJ Reynolds Tobacco Company introduced the out-of-the-box concept of smokeless cigarettes in 1988. Smokers criticized the foul odor and lackluster flavor. Coors assumed an appropriate moment to milk substantial profits by launching Rocking Mountain Sparkling Water. Following the merger of Molson and Coors in 2005, Coors is now part of Molson Coors Beverage Co Class B (NYSE: TAP). In 1998, Frito-Lay introduced the fat-free olestra-cooked WOW chips. At first glance, Olestra appeared to be a dream diet, but the end effect was stomach pain. Qwikster was a Netflix Inc (NASDAQ: NFLX) subsidiary that failed spectacularly soon after its launch. The project had to be reclaimed by Netflix Inc. Qwikster had the ability to swallow the parent firm whole. For more details, click 15 Biggest Product Flops in History. For more details, click 15 Biggest Products Flops in History.
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