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
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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,
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there is an abundance of the goods and products in the
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
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dominance in the markets have distinctive features like memory size, battery back-up duration, processor speed.
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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