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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There are multiple choices of
product
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products
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that are now available everywhere, thanks to the rapid growth of
economy
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the economy
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and
technology
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the technology
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boom.
Thus
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it is believed that in order to be successful in
bussiness
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business
,
one
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must create extraordinary things. While I
agree
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onagree
toagree
withagree
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this
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statement to some extent, I
also
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think that
besides
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uniqueness, there are some
cateria
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criteria
we should take
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into account
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account
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accounts
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of
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apply
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,
such
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as
price
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and
quality
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.
This
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essay will prove why those are of greater importance.
Firstly
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,
price
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is
one
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of the main aspects that buyers give careful consideration
before
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to before
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purchasing goods.
For example
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, because people incline to cover basic needs
first
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,
products
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with lower costs appeal
most
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to most
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of the purchasers.
Therefore
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, a company should evaluate
one
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commodity's market
price
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and if possible, produce goods with slightly lower costs so that they will become trending. People are obsessed with money, so
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price
Add an article
the price
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is
one
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factor
cannot
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that cannot
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be overlooked.
Secondly
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,
quality
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is
an
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apply
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another element that customers consider the most.
However
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cheap as other
products
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are, they will not sell well if they possess low condition.
For instance
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, Apple's
products
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are universally known for their great utilities, most notably is the iPhone. Comparing to Samsung Galaxy, the cost of an iPhone is always more expensive, with the
price
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of 1300$ for an iPhone 13 and approximately 1150$ for a Samsung Galaxy S21 as in my country.
Nevertheless
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, its exceptional working performance, thanks to A15 bionic chips, can compensate for its high figures.
That is
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why
quality
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can attract customers to buy their goods effectively. In conclusion, unique
products
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is
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are
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one
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way to make curious people buy them.
However
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,
price
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and
quality
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of commodity are
also
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two major factors that every firm needs to greatly invest in so that their
bussiness
Correct your spelling
business
businesses
become lucrative. In my opinion,
quality
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is the
first
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and foremost aspect of a company's success, followed by
price
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and uniqueness.
Submitted by Như Hảo 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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