Some people think that the only way to be successful in business is to have a unique product. Discuss if you agree or disagree.
With the rapid growth of the there is an abundance of the goods and products in the
business
and trade across the globe, there has been high-level competition in the market
since the last
few decades. Because of the boom in industrialization and trade, I believe that there is a need for having a distinctive product
or service for the population, to be ahead in this
race.
With the transformation of the world
into a global village, there is an opportunity for business
to operate all over the world
without constructing a brick-and-mortar office’s or shops. Due to this
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,
market
and people have a lot of choices now. Moreover
, the manufactures are in large numbers now to supply the products anywhere in the world
, thus
making it difficult for anyone to succeed in the business
. So, to stand at the top in the market
, the product
must be unique and far superior to those of competitors to entice the population. For instance
, the mobile companies who enjoy the
dominance in the markets have distinctive features like memory size, battery back-up duration, processor speed.
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In addition
to the above-mentioned point, the taste and choices of the people are changing with the time and, to be in a row of successful business
units, there is a need of being dynamics in today’s fast-paced world
. Furthermore
, people are always hunting for something new and full of distinctive features so that they can be a symbol of class in society. For example
, the fashion trend changes quite fast and the industry is flooded with the manufacturers but there are few top brands that dominate the world
fashion industry just because they keep the market
busy with the new stylish clothes and accessories.
In conclusion, to reach the milestones in the business
world
today, it is compulsory to have a distinctive product
or out of box ideas to provide outstanding services to the clients. I strongly believe that the innovation and advancement that emphasizes the version of any product
can guarantee success in the market
nowadays.Submitted by Musaib ul hassan on
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