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

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Some people believed that having their own unique
product
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is the most effective way and it is a key to have a successful
business
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.
However
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, in my opinion, there are many methods that the
company
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can implement to grow their
success
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and expand their
business
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. The
product
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’s selling
rate
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, using marketing and
promotion
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,
performance
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of worker and increase the
quality
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of
product
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are the factors which will affect the
success
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of a
company
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.
First
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and foremost, the
product
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’s selling
rate
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is crucial in affecting the
success
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of a
company
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. A
company
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work for selling their products and if their items buying ratio by clients are higher, that means it had a tremendous
customer
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relationship, which in turn, means the
company
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is boosting.
In other words
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, a flourishing
business
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is directly proportional to the
product
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’s selling
rate
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.
For example
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, Amazon an e-Commerce Firm is considered the top successful corporation online.
This
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is because their
product
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’s selling enormously all over the world.
Thus
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, the higher the
product
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of
company
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purchased by people, the more a
company
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would be successful.
Secondly
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, using marketing and
promotion
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is the key that influences the
success
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of a
business
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.
This
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is because by doing the advertising, it can attract the potential consumers who might be interested to buy the
product
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and raise the brand awareness in the market.
Furthermore
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, advertising
also
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used to remind the
customer
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of the products that are available and what the new
product
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will be released in the future. Sales
promotion
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also
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can attract customers and increasing purchase volume. By doing
promotion
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, the
company
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can temporarily to increase sales volume and market share.
Thirdly
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, the
performance
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of the
employee
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is the main way which can influence a successful
business
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. The
employee
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is one of the asset in the
company
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which will affect the
business
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, especially
employee
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who connect to the
customer
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. If the
performance
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of the
employee
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is outstanding, it means they will perform better in their daily task.
This
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will increase the growth and progress of a
company
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, as accomplishing project goals
by
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with
employees will give
the better
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the best
image of a
business
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.
This
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is because companies who have succeeded in possessing outperforming
employee
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, which can more successfully and progressive in the
business
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market.
Therefore
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, the
employee
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’s
performance
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level is critical for a
company
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to become successful.
Lastly
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, the
quality
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of the products
also
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have a crucial role in
success
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in a
company
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.
This
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is because many of the customers are more careful in using a
product
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and important in the
quality
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of
product
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. If the products are not same with
customer
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’s expectation and require, they might search to another brand.
Quality
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products help to create
customer
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loyalty to the brand and maintain
customer
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satisfaction which help the
business
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to reduce the cost and risk of replacing faulty
product
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.
Furthermore
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, the
company
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must have a
quality
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in their products in order customers will continue purchasing the products. In conclusion, a
company
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can flourish and
success
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by producing high
quality
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of
product
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, good performing
employee
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, the
product
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’s selling
rate
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of a
company
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and make more advertising for their
product
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to the people.

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