Economics Quote by John Warren Kindt
“It becomes a cannibalization of your pre-existing economy”
About This Quote
Introducing new products can erode demand for existing offerings, diverting resources and attention away from the original market.
In simple terms: New offerings can cannibalize old ones.
Key Takeaway
Innovation may undercut its own base.
Themes
business strategy
cannibalization
market dynamics
product development
Mood
analytical
pragmatic
Type
business insight
strategic observation
When to use this quote
- tech company launching a cheaper device
- retail chain adding a private‑label line
- media firm producing a streaming service
Key Concepts
disruptive innovation
Practical Applications
- plan phased rollouts
- segment markets to protect legacy products
Questions to Reflect On
- When does cannibalization become a strategic advantage?
- How can firms mitigate internal competition?
