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

#people #success #business #product #factors #influence #company

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It is argued by many individuals that unique

product

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is the only way to get succeed in the

business

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. I agree with

this

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notion.

This

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essay will discuss the advantages of having a unique

product

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, followed by some

factors

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which influence the success with explanations and suitable examples; concluded with my own opinion.

To begin

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with, a unique

product

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in any

business

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definitely gives you an edge.

Firstly

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, it is very easy to advertise these products as customers easily got attracted towards the new stuff in the market.

Moreover

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, there is no competition which helps the vendor to easily sale their products. To add to

this

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, companies with a unique

product

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has a monopoly in the market.

Thus

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, they can generate the maximum profits at minimum cost.

For instance

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, as per the statistics from Times magazine, Intel rules the world nearly for two decades in computer chips manufacturing. Now comes to the

factors

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which influence the businesses; though there are many

factors

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which can give the wings to any

business

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but

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apply

show examples

few of them are must to have to get succeed.

First

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and foremost, the

business

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concept must satisfy the demand of mass.

Additionally

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, the

product

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must be economically efficient so that people from every background could afford

this

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Furthermore

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, it should provide the best possible post-sales services which help to keep the faith of the customers in the

product

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For example

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, as per the survey from Hindustan Times, Maruti is the

first

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choice from the

last

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15 years for 80% Indians in-car brand because of their economic cost and cheap rates in post-sale services. To conclude, though I believe, the unique

product

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helps to give an edge in the market but

factors

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such

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as economic rates and post-sale services keep the faith of the customers in the company.

Submitted by inderjeetsinghsethi on Thu Jan 21 2021

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12
Linking words
meeting the goal of 7 or more
3
Word repetition
meeting the goal of 3 or fewer
1
Grammar mistakes
detected issues

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Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 8.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 9.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

299 words

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

Doctors in many countries are saying that people are not getting enough physical exercise. What are the causes of this? How can it be addressed?

Some people think that the main benefit of international cooperation is in the protection of the environment, while others believe that businesses mainly benefit. Discuss both these views and give your own opinion.

In some countries, more and more people are becoming interested in finding out about the history of the house or building they live in. What are the reasons for this? How can people research this?

The visuals give information about the number of hours students spent preparing for an admission test for an Asian university and their subsequent performance in that test. Summarise the information by selecting and reporting the main features and make comparisons where relevant.

Due to the availability of fast food nowadays, many people have low-quality diets. What problems can this cause? What can governments do to resolve these problems?