some people think that the only way to have success in business is to have a a unique products.what factors do you think ,influence the siccess of a company

In this contemporary epoch, there are various businesses all around the world. Hence, they have to intensely compete to survive in the market. Some people consider producing special products as the most crucial method to success. This essay is going to indicate some factors that can be helpful in this way. To commence with, despite the fact that advertising can be really costly, it is undoubtedly one of the best practical ways to make more profit. Nowadays, consumers prefer to purchase a product that they are well-informed about. No matter how potential the corporation is, it can’t win over in this competitive industry unless with making individuals aware of the business. There for companies can invest their money in this area and eventually make more money. secondly, companies should consider the community’s needs and culture. Each area has specific features and requirement that should be considered in order to gain a better profit. For example running a company that produce fishing net seems very logical in a coastal city. Contrarily, setting up a wine factory in a city where the majority of citizens are Muslim, most likely does not have a good outcome. Therefore it is vital to have a proper perspective of the surrounding community. To conclude, except for manufacturing unique items, many factors such as marketing and introducing your produce, findings people’s interests and beliefs before starting organization can contribute to have prosperous company.