When answering this question, it's important to demonstrate your ability to analyze the situation, take responsibility, and implement corrective actions. Start by explaining how you monitor the performance of products you select, such as through sales data, customer feedback, and market trends. Then, discuss a specific example where a product did not perform well, what you learned from the experience, and the steps you took to address the issue. For instance, you might talk about how you identified the problem, communicated with suppliers, adjusted pricing or marketing strategies, or decided to discontinue the product. Emphasize your proactive approach and your commitment to making data-driven decisions to improve future outcomes.
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