What factor can help contribute to the success of a new product?

The factor that can significantly contribute to the success of a new product is its benefit to a large number of people. When a product addresses the needs or desires of a broad audience, it enhances its market appeal and increases the likelihood of widespread adoption. Products that offer significant advantages, such as solving a common problem or improving convenience, are more likely to attract consumer interest and generate sales.

In contrast, a complex design may confuse potential users, potentially deterring them from purchasing the product. A high price point can limit accessibility, making it less appealing, particularly if there are similar alternatives available at a lower cost. Limited distribution restricts product availability, reducing the opportunity for consumers to discover and purchase the product, ultimately hindering its success. Thus, focusing on benefits that resonate with a large audience is a key strategy for maximizing a new product's potential in the market.