Video Top 10 Products That Bombed so Hard They Destroyed the Company

Video ✅ These product fails had widespread ramifications. For this list, we’ll be looking at products that failed to sell and consequently ruined the company behind them. Our countdown includes Peek, Friendster, MoviePass, and more! Do you remember any of these? Are there any you actually miss? Let us know in the comments below! ✅ Top 10 Products That Bombed so Hard They Destroyed the Company

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#Business
#Products
#Marketing
#Fails
#Destroyed
#Company
#Controversies
#Scandals
#DeLorean
#Friendster
#MoviePass

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welcome to watch Mojo and today we’re
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counting down our picks for the top 10
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products that bomb so hard they
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destroyed the company I like to say boom
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boom boom for this list we’ll be looking
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at products that fail to sell and
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consequently ruin the company behind
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them do you remember any of these are
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there any you actually miss let us know
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in the comments below number 10 Peak I
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mean honestly what would you rather
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carry around all day this monstrosity or
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something like this 2008 was a bad year
0:34
to release an email only handheld device
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the iPhone was released just one year
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prior and it could do a heck of a lot
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more than send emails yet in September
0:45
of 2008 Peak Inc released a handheld
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email device that seemed positively
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quaint compared to the Sleek shiny and
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futuristic iPhone it received a strong
0:56
reception and was even named Gadget of
0:59
the Year by time and wired it most of
1:02
all lets your phone do what your phone
1:03
is good for making phone calls it’s not
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like you’re walking around with a Pam
1:07
Sanders pressed to your head but it
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floundered next to the far superior
1:11
iPhone causing future iterations to add
1:14
the likes of Twitter and Facebook it was
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far too late however the product was
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dead by 2012 and Peak Inc is now long
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forgotten number nine juicero press
1:25
what’s this to do Sarah I don’t I’m
1:29
sorry I don’t know what that word means
1:30
it’s a new zero this device was like a
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combination of Keurig and hellofresh and
1:35
aspired to revolutionize the juicing
1:37
industry rather than buying and
1:39
preparing the ingredients yourself
1:41
juicero sold single serve packets on a
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subscription basis the packets contain
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prepared fruits and vegetables which
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promise to make the juicing process
1:50
easier and faster takes out the middle
1:53
man it takes out the shopping I have to
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shop for all this stuff
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bring it back chop it wash it and then
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eventually juice it however the Press
2:04
itself was completely unnecessary as
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juicing could easily be done by hand
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critics also contended that it was
2:12
grossly overpriced in part due to
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over-engineering the high cost of the
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device and subscription compounded by
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the negative publicity meant that
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juicero’s Revenue stream quickly dried
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up I think that juicero was killed in
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the first inning
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right and you know normally a baseball
2:30
game is nine innings this was killed in
2:32
the first inning number eight the zip 22
2:35
pistol the U.S Firearms manufacturing
2:38
company made a name for itself producing
2:40
old-fashioned cult revolvers and
2:42
carbines these guns can be seen in
2:45
prominent western films including 310 to
2:48
Yuma
2:51
but in 2011 the company decided to
2:54
abandon their Western theme and began
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production on the much maligned USFA zip
2:59
22. the semi-automatic pistol was
3:02
considered Innovative but many consumers
3:04
reported mechanical problems with the
3:07
gun word quickly got around and the gun
3:09
was discontinued just one year after it
3:12
was introduced its failure caused the
3:14
U.S Firearms manufacturing company to go
3:18
out of business
3:19
number seven dig Once Upon a Time dig
3:23
was one of the biggest names on the
3:25
internet a news aggregator with a unique
3:28
upvote system dig is the main progenitor
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of Reddit which styled itself after the
3:33
popular website but everything changed
3:36
in 2010 the site was completely
3:39
redesigned and co-founders Jay Adelson
3:41
and Kevin Rose left the company Not only
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was the new design widely hated but its
3:47
launch was marred by widespread bugs and
3:50
performance issues furthermore dig was
3:53
hit with increased competition including
3:55
the aforementioned Reddit and a rapidly
3:57
growing Facebook Diggs user base
4:00
dramatically plummeted and in 2012 it
4:03
was sold off in parts for just over 15
4:05
million dollars number six quibby Madam
4:10
president the asteroids impact is
4:11
imminent how long do we have two three
4:14
quibby’s tops for those unaware quibby
4:16
was a streaming service designed for
4:18
smartphones the promise was Monumental
4:21
but most interestingly each film will be
4:24
full screen no matter which way up you
4:27
hold your phone and no matter when you
4:30
switch between orientations big names
4:32
were attached to make content for the
4:35
service and the company had raised
4:37
almost 2 billion dollars in Investments
4:39
so why did quibby fail let us count the
4:42
ways kofit lockdowns kept people inside
4:45
and watching TV not their phones Tick
4:48
Tock dominates the short form video
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market and doesn’t cost a dime whereas
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quibby was five dollars a month with ads
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marketing was confusing and limited and
4:58
its exclusive content was unmemorable
5:00
some of that original content cost
5:03
upwards of a hundred thousand dollars
5:05
per minute to produce quibby lasted just
5:07
eight months launching in April 2020 and
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dissolving that December number five
5:13
eons.com Jeff Taylor Made a monster of a
5:17
website with well monster com at one
5:20
point monster was the name in job search
5:23
engines but they can’t all be winners
5:26
and like a disappointing sophomore album
5:28
Taylor also made eons from this moment
5:31
with eons.com you’ll see more you’ll
5:34
learn more and you’ll be more launched
5:36
in 2006 eons was a social networking
5:38
site similar to Facebook but catered to
5:41
people over 40. ems.com will allow
5:43
members to create Pages similar to
5:45
Myspace with profiles and pictures of
5:48
themselves but the site is playing down
5:50
the social networking aspect instead
5:52
emphasizing inspirational articles and
5:55
tools never heard of it exactly the site
5:58
was a total failure and it was bought
6:00
out just five years after its launch it
6:03
was taken fully offline in 2012 as it
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was unable to meet the financial
6:08
requirements of its service provider
6:11
number four movie pass there was a great
6:15
idea behind movie pass as the theater
6:18
going experience has grown own
6:19
significantly more expensive MoviePass
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promised an alternative users would pay
6:25
a monthly subscription fee and in return
6:27
receive a certain amount of movie
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tickets while the service launched in
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2011 it didn’t attain widespread
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popularity until 2017 when new owners
6:37
lowered subscription fees to ten dollars
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a month winning millions of new
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subscribers using the MoviePass app and
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card subscribers can see up to 31 new
6:48
movies a month for the price of a single
6:50
ticket or less when that wasn’t enough
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to offset cost CEO Mitch Lowe ordered
6:55
employees to reset the passwords of the
6:58
most active users the company went
7:00
bankrupt in 2020 and low-faced charges
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from the Federal Trade Commission for
7:05
his actions as of writing the company’s
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original owner was relaunching the
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company so we’ll see if MoviePass 2.0
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has more luck this new version will
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include all major theaters that accept
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major credit cards country so it sounds
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pretty exciting number three Friendster
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launched in 2003 Friendster was a
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Pioneer in social networking online
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Friendster had already accrued over 3
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million users before Myspace and
7:33
Facebook even went online it’s really
7:36
beautiful you can see how much work went
7:38
into by 2008 Friendster was being used
7:40
by a hundred and fifteen million people
7:43
but Facebook was rising in popularity
7:46
and revolutionizing social media and
7:48
Friendster couldn’t keep up the business
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was soon bought out by a Malaysian
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company named mol Global who turned it
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into a gaming site this meant that
7:57
Friendster no longer had to compete with
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Facebook but regardless the site shut
8:01
down in 2015. the company followed suit
8:05
three years later there’s just no
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competing with the behemoths number two
8:10
the de Havilland Comet British company
8:12
De Havilland was the biggest name in
8:15
aviation at the beginning of the 20th
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century they produced many notable
8:19
aircraft including the world’s first
8:21
commercial airliner the de Havilland
8:23
Comet the airplane made its first flight
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on July 27 1949 and officially debuted
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in 1952 unfortunately problems with the
8:33
airframe resulted in three highly
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publicized crashes amid the bad
8:38
publicity de Havilland had to withdraw
8:40
its plane from service other
8:42
manufacturers like Boeing and Douglas
8:45
learned from the comet’s failure and
8:46
were able to overtake the havaland in
8:49
the market the company was bought out in
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1960 and went defunct three years later
8:54
sometimes it doesn’t pay to be a
8:56
Trailblazer the shock
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as I recall it
9:01
throughout the whole company at every
9:03
level
9:04
was very deep before we continue be sure
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notifications number one the DMC
9:24
DeLorean the DeLorean is now an iconic
9:28
car thanks to Back to the Future in
9:30
which it’s used as a time machine
9:34
party you made it yeah welcome to my
9:38
latest experiment this is a big one the
9:39
one I’ve been waiting for all my life uh
9:42
well it’s a DeLorean share with me Marty
9:44
all your questions will be answered but
9:45
this is a strong example of look don’t
9:48
touch when the DeLorean was introduced
9:51
in 1981 it drew intense criticism the
9:55
build quality was poor it suffered
9:57
widespread mechanical issues and its
9:59
performance was disappointing for a
10:01
sports car that came with a premium
10:03
price tag basically everything about it
10:06
sucked DMC only sold a few thousand
10:09
Deloreans and production halted after
10:12
less than two years the company went
10:14
bankrupt and its product is now
10:16
considered to be one of the worst cars
10:19
ever made Drive the DeLorean
10:24
live the dream today did you enjoy this
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