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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It is believed that owning a unique
product
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is an important condition for a
business
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to
success
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. While I agree that an uncommon
product
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plays a vital function in
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company's
Suggestion
a company's
succeed, I believed that there are several elements which impact on the
success
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of a
company
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.
This
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essay will discuss both views. On the one hand, there are some bases for the belief that a special invention could make your
business
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top in the world. The
first
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base is that unique
product
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is an important factor to attract investment for
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company
Suggestion
a company
the company
companies
because of its
developed
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development
developmental
potential.
This
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leads to more essential chances for the
success
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of each
business
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.
Moreover
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,
such
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products create a famous brand for the
company
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. By
this
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way, the sales of
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company
Suggestion
the company
would be increased owing to customer's trust in big brand.
For example
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, Apple now becomes the top in the trade of smartphone because of its invention that created an extraordinary processor.
On the other hand
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, there are numerous factors that are
also
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important to help a trade flourish.
Firstly
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, the
product
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having good quality would build the belief of consumers. Obviously, people have trend to choose a reliable
product
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in countless products which have similar usage.
For instance
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, Dove shampoo is my choice in many shampoo brands because I believe
this
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have good quality and suit for my hair by many times I used.
Secondly
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, a reasonable price is
also
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a way to attract customers. It is not good for the
company
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to offer very high or low prices for a
product
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.
Therefore
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, setting a reasonable price will stimulate people to buy
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product thereby
Accept comma addition
product, thereby
increasing sales, creating
success
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for the
company
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. In conclusion,
although
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it is undeniable that the distinctive
product
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has a significant role, it is not enough to decide the
success
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of a
business
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. Other factors
such
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as quality as well as price are
also
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necessary for the succeed of a
company
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.
Submitted by 1973 chau on

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Topic Vocabulary:
  • unique product
  • market demand
  • innovation
  • value proposition
  • target audience
  • market research
  • brand awareness
  • customer retention
  • word-of-mouth referrals
  • financial management
  • budgeting
  • profit margins
  • strong leadership
  • motivated team
  • productive work environment
  • embracing technology
  • competitive advantage
  • fast-changing market
  • effective marketing strategies
  • customer service excellence
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