Re:SF's Anchor Brewing Company shutting down after 127 years
by serf on Wednesday July 12, 2023 @03:11PM
(#36700140)
the same reason as any market needs to innovate : consumer trends and goals shift with the times.
Let's take the most run-of-the-mill common bolt in the world as a product example : the 200 year old company that has changed to sell that run-of-the-mill bolt online w/ fast delivery and with a companion app has innovated without a product change.
innovation doesn't imply a product change, it implies that a company is necessarily flexible to meet the shifting demands of consumers. This can be done in other ways than shoving newer and shinier products out the door.
Let's take the most run-of-the-mill common bolt in the world as a product example : the 200 year old company that has changed to sell that run-of-the-mill bolt online w/ fast delivery and with a companion app has innovated without a product change.
innovation doesn't imply a product change, it implies that a company is necessarily flexible to meet the shifting demands of consumers. This can be done in other ways than shoving newer and shinier products out the door.