You have a magnificent product which was a prime driver of business and revenue at one point in time. But, in recent times, you have observed that your product is no more yielding the results it once did, and your business is struggling.
With the constant change in customer needs and increase in competition, legacy systems and products fail to make a mark in the cluttered market. So, how do you know that it is high time you need to adopt product engineering services and product modernization services? This blog will take you through five major signs that indicate that your product requires re-engineering.
Your prospects are no longer interested in buying your product
When your product performance analytics reveal that your customers discard it for other product options, or when your sales are dropping, or your leads are not enough, your product needs a technical facelift. Know that it is time to deploy new and advanced frameworks and run frantic promotion campaigns across social platforms and other channels to win back lost customers.
Your product is dependent on manual interventions
The time required by a product to capture the attention of prospects and make a credible impression on them determines its success or failure. If you still use manual means to manage warehouse processes, user details, inventory, e-commerce channels, shipment information, profit, and loss accounts, etc., your product will experience a downfall. It is an era of personalized and contemporary user experience, and your product needs to use digital methods and technologies to eradicate manual methods of delivering satisfactory user experiences.