Technology
companies often tend to follow a technically driven product strategy that under
emphasize the role of an effective marketing process, in adapting to the needs
of a constantly evolving market. So, most of these technology products end up
having low sales due to insufficient market focus and connecting with the mind
sets of audience related challenges. An analysis of the technology life cycle
and the challenges with the marketing function is necessary to arrive at a
nuanced marketing strategy that pushes the sales of these products.
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