How do I know products/ industries that would soon fade out?

[King Belieal]

There are certain products that used to boom in times past but they are no longer booming because they have faded and fizzled out.

How can I know the products or industries that are soon going to fade out completely in order to avoid entering such industries or entering to deal with such products?

 

[Fidelia]

When the product or industry is still using old technology, just know that the industry would soon go outdated. And there would be evolution that would sweep the industry aside.

 

[Augusta]

They stop funding the business and paying their workers. The owner of the business become nonchalant towards the business

 

[Suba]

In order to know the products/industries that will soon fade out, of course you have to know the development of technology, ease of access, more practical and more interesting as entertainment, so that some products and industries will soon become extinct, such as print media, both newspapers or magazines in physical form. television etc.

 

[Kera]

That's true. You would have to look at the evolution of markets and it's focus. That is a cue on which industries would fade.

 

[eLdavis]

I think another way is to check the level of demand and production. Products like this there is usually a decline in the number of Production and demand.