Some people think that the only way to have succes in business is to have unique product. What factors, do you think, influence the success of a company?

There is a wide range of

product

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available in the

market

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and every supplier is competing for their survival. Certain individual believe that the only way to

success

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in business is to have extraordinary items. In my opinion, I think price and the quality are the major factors influencing the

success

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of an organisation.

To begin

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with, People are thinking that creating an unusual

product

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and selling in the

market

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will provide

success

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. But I think

this

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cannot be a factor for consideration because the price of the produced

item

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play a significant role in deciding the factor. People always do a comparison of the

item

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with the available alternative

product

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in the

market

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. If the replacement

product

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cost

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less in comparison to the new launched

product

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they will never buy the latest

product

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and when the

product

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is unsold it cannot be successful.

For instance

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, an ABC corporation in India has invented a Soap and for creation it

cost

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huge amount to the company. All the expenditure was included to

cost

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of the unit.

This

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soap has increased the price and people could not afford the new one. There were no sales of

this

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item

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.

Furthermore

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, The other reason for unusual

product

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being

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success

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successful

is the durability of the

product

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. Since the new

item

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is created and launched in the

market

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for the public. People are not aware of

this

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item

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in relation to the quality. Previously, individuals in the

market

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has never tried

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have never tried

had never tried

this

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as it was not aware to use it and

also

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there are no review about the

product

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from another. So that people can trust and buy

this

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product

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to use it. Example of ABC corporation India, Soap from

this

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entity was made available to the public and people did not buy

this

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as they do not have any feedback about the quality. It is completely new

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item wheather

Accept comma addition

item, whether

item whether

item weather

it is good or bad was never known and

hence

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people avoided buying it. In conclusion, People though that extraordinary

product

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will be deciding the fate of the company, I completely disagree with the notion, I think

cost

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of

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item

Suggestion

the item

and the durability are the most common factor in determining the

success

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of the newly launched

product

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.