Marketing myopia happens when companies focus on selling products instead of solving customer needs. It is a short-sighted approach that ignores market evolution and changing consumer expectations.
An inward focus on company goals instead of customer value. When brands prioritize short-term sales over long-term relationships, they risk irrelevance.
Because industries change faster than products. Failing to adapt to consumer needs can make even successful brands obsolete.
By listening to customers, innovating regularly, and redefining what business they are truly in - not just what they sell.
Classic examples include Kodak ignoring digital photography or Blockbuster dismissing streaming. Both prioritized the past over innovation.
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