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?

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

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Few Individuals have the opinion that only products which have unique features can sustain and generate positive cash flow for the

company

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. In the impending ,essay I will discuss factors which can influence the success of a

product

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in the

market

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which eventually results in the success of the

company

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. The major factor for the success of a

company

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depends on the

product

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which solves the problem of a large section of society . Where people genuinely require a

product

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which will be in great demand from customers . In India, to cite an example , Maney transfers depended on bank procedures .banks have a monopoly in the money transfer segment. ,

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However

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,However

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companies like Paytm, google pay have developed technology to transfer money to anyone on mobile that too from small denominations to high denominations has paved the way for smooth money transfer .

Furthermore

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to launch a winning

product

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in the

market

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company

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should have an accurate

market

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research report on consumer preferences and behaviour . On the basis of that companies can figure out what will be unique and can gain sufficient

market

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share to generate profits in the near to mid-term. To illustrate, Soap maker like dove has only one

product

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which caters to ladies' skin care , because of their uniqueness. It can be launched universally .

To conclude

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, Unique features or unique selling points can lead to higher sales . launching products with successful selling points is depend on consumer preference and their liking. production should have features that can address consumers' needs.

Submitted by yash334 on Mon Mar 20 2023

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To get an excellent score in the IELTS Task 2 writing section, one of the easiest and most effective tips is structuring your writing in the most solid format. A great argument essay structure may be divided to four paragraphs, in which comprises of four sentences (excluding the conclusion paragraph, which comprises of three sentences).

For we to consider an essay structure a great one, it should be looking like this:

Paragraph 1 - Introduction

Sentence 1 - Background statement
Sentence 2 - Detailed background statement
Sentence 3 - Thesis
Sentence 4 - Outline sentence

Paragraph 2 - First supporting paragraph

Sentence 1 - Topic sentence
Sentence 2 - Example
Sentence 3 - Discussion
Sentence 4 - Conclusion

Paragraph 3 - Second supporting paragraph

Sentence 1 - Topic sentence
Sentence 2 - Example
Sentence 3 - Discussion
Sentence 4 - Conclusion

Paragraph 4 - Conclusion

Sentence 1 - Summary
Sentence 2 - Restatement of thesis
Sentence 3 - Prediction or recommendation

Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.

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

0123456789.0505

Overall Band Score

Coherence and Cohesion: 4.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 8.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 4.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

5 paragraphs

258 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 is to have a unique product. What factors, do you think, influence the success of a company?

Fully explain your ideas

Some believe it is important for cities and towns to invest heavily in building large outdoor public spaces. To what extent do you agree or disagree?

The best way to solve environmental problems is increase the fuel cost? do you agree or disagree?

The tourist industry has grown enormously over the last fifty years and there are few places which are unaffected by it. However, tourism rarely benefits the countries which tourists visit. To what extent do you agree or disagree.

In recent years, there has been a rise in the popularity of second hand clothing amongst younger generations. Why is this happening? Do you think it's a positive or negative development?

Many museums and historical sites are mainly visited by tourists but not local people. Why is this the case and what can be done to attract more local people to visit these places?