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Poor Sales

All articles tagged with #poor sales

business2 years ago

Snoop Dogg's 'Give Up Smoke' Ad Leads to CEO Exit and Sales Flop

Solo Stove's CEO John Merris has left the company after an ad campaign featuring Snoop Dogg claiming to quit smoking failed to generate substantial revenue. The rapper's unconventional marketing campaign for the smokeless fire pit company led to confusion and criticism, ultimately resulting in the CEO's departure. Despite increased brand awareness and social media followers, the company's financial performance suffered, prompting the CEO's exit and a change in leadership.

via Daily Mail|
#ad-campaign#business#ceo
gaming2 years ago

"Frontier Developments Faces Turbulent Year as Warhammer Game Flops"

Frontier Developments, the developer behind Warhammer Age of Sigmar: Realms of Ruin, has experienced a significant drop in shares after the game's poor launch sales. The real-time strategy game, set in the Warhammer Age of Sigmar universe, failed to meet expectations, with low player numbers and mixed user reviews on Steam. Frontier plans to support the game with post-release content and premium DLC, hoping for sales to improve over time. The company has faced a challenging year, with other recent games underperforming and a wave of redundancies. Frontier is now refocusing on creative management simulation (CMS) games, with three future CMS games planned. Despite the setback, Frontier's existing CMS games, such as Planet Coaster and Jurassic World Evolution, continue to perform well. The company expects to break even in the next financial year through revenue from existing games, cost reductions, and the release of a new CMS game.

via IGN|
#cms-games#frontier-developments#gaming
technology2 years ago

"Meta's Ray-Ban Stories: A Smart Glasses Flop with 90% User Abandonment"

Over 90% of consumers have stopped using Meta's Ray-Ban Stories smart glasses, with only around 27,000 out of 300,000 units sold still being regularly used each month. Technical problems, including audio issues and poor battery life, have contributed to a disappointing user experience. Meta's Reality Labs division, which oversees the project, has already lost nearly $8 billion in the first half of 2023, and executives expect further losses in 2024. Despite this, Meta plans to release a second generation of the smart glasses next year.

via The Verge|
#meta#poor-sales#ray-ban-stories