Importance of Good Products

[Mika]

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Products and services you are offering really needs to be great otherwise sustainability of your business will have issues. Well, you might be able to sell bad products with a good marketing and advertising campaign once or twice, but you cannot repeatedly sell bad product, even when you spend a lot of money on ads. Marketing is important but marketing solely does not determine sales. Therefore, to build a profitable business and retain customers, you need to develop good products that people will want to buy again and again. Sales will flow only when you are selling good products and your customers really like them

 

[Spencer]

Customers and end users will naturally gravitate towards a good product, no matter how sophisticated a bad product's marketing is, it will flop with time, there isn't an antidote to it, but I personally know good products that don't waste any money on Advertisement but they make ridiculous amount of money, a good example is Tesla.

It's important for business owners to strive and deliver the best products to their customers because it's only the best products that gets rewarded.