How are you going to be different from the competition. The answer lies in the title, “Quality, Price, Or Service.”
You’re not going to get all three. If you manage to get all three, you would have a business that you wouldn’t be able to maintain.
Quality is something that most people strive for. This is when people think of the powers of word of mouth. Friends tell each other about the best products, not the ones that get refunded a day later.
Price is going to help you look better than the other competitors. A majority of consumers look at other options and make judgments based on the product and price. If you have the lowest price, you’re more likely to get sales.
Service is a lot more difficult to offer, but it’s also a very worthy thing to offer. In my opinion, out of all three options, service is the most difficult one to get because it constantly requires your time. Systematizing service is not as easy as systematizing as a product with quality and/or a good price. However, if you are offering a training course, your consumers may want your support as they go through the process. Offering good service will allow you to give those consumers the support they need.
If you aren’t providing any of these three options to your consumers, you need to rethink your business strategy. If you provide one of the three, emphasize the one thing you provide. If you have low prices, say something like, “Best Deals You’ll Ever Find.” If you have quality, say something like, “The Best Of The Best.” If you offer your service, say something like, “Ask Your Question. Get An Answer.”
Quality, price, and service are the three elements of business. You only need one or two of those elements in order to make a successful business.
