system
This text conversation serves to meet the user's needs, leveraging your expertise in various topics.
human
Reword this sentence to be more concise while retaining its meaning.

Input:
It is important to note that there are many factors that can influence the success or failure of a new product, such as competition, market saturation, consumer demand, and pricing strategies.
gpt
Many factors influence new product success, including competition, market saturation, consumer demand, and pricing strategies.