Correct option is D
· Dinosaur → IV: These products have missed their niche and are no longer relevant or competitive in the market.
· Flamingo → I: Flamingos are visually striking but fragile, symbolizing products that are attractive but unsaleable due to lack of practical utility or demand.
· Ostrich → II: Known for "burying its head in the sand," the ostrich signifies products that fail to anticipate or adapt to future trends.
· Pearl → III: Pearls are valuable and rare, symbolizing products with strong profitability and long-term potential.
Information Booster
· Dinosaur Products: These are outdated, unable to adapt to changing consumer preferences or technology. They often reflect companies clinging to past successes.
· Flamingo Products: Despite their aesthetic appeal, they fail to deliver value or meet the demands of the target market.
· Ostrich Products: These products ignore future trends or competition, leading to potential obsolescence.
· Pearl Products: These represent innovation and potential, creating significant returns when nurtured and marketed effectively.
Additional Knowledge
1. Products that Missed Their Niche (Dinosaur): An example includes outdated technology, such as pagers, which became irrelevant after mobile phones evolved.
2. Beautiful but Unsaleable (Flamingo): A designer product with high aesthetic value but impractical usability, such as luxury gadgets that lack utility.
3. Blind to the Future (Ostrich): Products like physical map books, which ignored the rise of GPS and mobile apps.
4. Source of Profitable Future (Pearl): Innovative products like electric vehicles or renewable energy solutions that promise long-term market growth.