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

available in the

market

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

success

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

success

of an organisation.

To begin

with, People are thinking that creating an unusual

product

and selling in the

market

will provide

success

. But I think

this

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

item

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

item

with the available alternative

product

in the

market

. If the replacement

product

cost

less in comparison to the new launched

product

they will never buy the latest

product

and when the

product

is unsold it cannot be successful.

For instance

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

cost

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

cost

of the unit.

This

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

this

item

.

Furthermore

, The other reason for unusual

product

being

success

Suggestion

successful

is the durability of the

product

. Since the new

item

is created and launched in the

market

for the public. People are not aware of

this

item

in relation to the quality. Previously, individuals in the

market

has never tried

Suggestion

have never tried

had never tried

this

as it was not aware to use it and

also

there are no review about the

product

from another. So that people can trust and buy

this

product

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

this

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

this

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

item wheather

Accept comma addition

item, whether

item whether

item weather

it is good or bad was never known and

hence

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

product

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

cost

of

item

Suggestion

the item

and the durability are the most common factor in determining the

success

of the newly launched

product

.