Quemembered Long After the Price Is Forgotten
“Quality has a quality all its own.”
- Vladimir Lenin (Russian revolutionary)
Echoing the iconic leader’s words, many tradespeople have long held that quality is indeed the core value of a business, and must be upheld at any cost. From manufacturing automobile parts to extending financial advisory services, the value of quality as an integral part of the products and services that you have to offer is something that all business folk should take very good care of.
Quality has long been a much-debated issue when it comes to developing customer loyalty and a positive brand image. A few simple tweaks to the quality control departments and the start-upbusiness can also make a world of difference when it comes to serving their customers the best way they can. As a business thrives on these two elements and journeys on the way to achieve the goals and objectives that it had set at its inception, the importance of quality in maintaining a positive brand value and raking in revenue is undeniable.
Why quality matters for your business
Let us consider that you visit two leading legal consultants at their swanky offices for carrying out some important discussions with the finest legal advisors in town. Let us look at the two hypothetical scenarios one by one.
Scenario 1: At the first office, you are greeted warmly by the reception staff and not made to wait too long before you could get cracking with the legal advisors you have come to meet. They reassure you with their encouraging words and ease a lot of your worries by proving to be quite capable at what they do.
Scenario 2: On the other hand, the second office that you visit turns out to be filled with irate customers trying to put through their grievances. They also seem to be at the receiving end of impolite and discourteous behaviour on the part of the staff. The legal advisors there barely spare you a minute before providing cursory glances at your files and do not provide reassurances of any sort.
Maintaining quality throughout the range of products and services that you provide is sure to help you bring in more business. It is also imperative in retaining the clientele that you have already created for yourself.
What can quality help you achieve the growth of your business? This question was asked by marketing manager of an academic firm MyAssignmentHelp.
Read on to know about the most influential factors for ensuring business growth that are directly connected to the quality of the products and services that you offer your consumers.
- Meeting the expectations of your customers
Customers have certain expectations from your services or products, depending on how you have marketed them. Thanks to their brilliant marketing tactics, people anywhere around the world would love to take a sip from the unmistakable red cans that can only be Coca-Cola’s. It is thus natural for the customers to have expectations from the brand that is established.
If you fail to deliver products or services matching their expectations, they will quickly move on to other alternatives for their problems. That will result in you in losing valued customers to your direct industry competitors. If you are a well-known name in your industry, the chances are that you will have to figure in a more stringent measure of quality control that ensures that the reputation that you have so painstakingly built over the years does not crumble to dust. Meeting expectations of customers at all points of time is thus one of the best things that quality in business can bring about for you.
- Building your brand image
What is the first thing that makes your customers look up and take notice of what you have to offer? What sets your products or services apart from the rest of the competition in the market? Leading market surveyors opine that it is the quality of said products and services that create ripples in their minds and helps you form a stable brand image.
Blurring the lines between offline and online marketplaces is the rapid growth of ecommerce that has brought on somewhat of a revolution in the trading sectors. A study on online consumer behaviour reveals that more than 79% of the millennial consumers place a high value on the quality of the product or service as a parameter to judge the brand.
That’s a whopping large portion of your clientele right there. And they demand consistent quality across the products they purchase and the services they avail. So you better gear up for maintaining quality standards throughout the range of products or services that you offer if you want to stay on top of your game in your industry.
This goes both ways. In case you have just started out in your business, you will need to be extra-cautious about quality because it is imperative in building your brand’s image.No matter how flourishing your business is, you still need to take care of quality for that is the first thing that your customers associate your brand with and your assignments.
Wrapping it up
The importance of quality in business is thus undeniable, and Henry Royce (co-founder, Rolls-Royce Holdings) was not too far from the truth when he remarked that quality is what people remember long after they have forgotten the price that it came for. An indelible mark on every aspect of the products or services that you put forward for your customers, quality is thus a core value when it comes to business. Businesspeople with a mind to cruise ahead of the competition and make a mark for themselves in their niche industries can thus benefit a lot by paying heed to maintain high standards of quality throughout their range of products and services.
From helping you reduce costs in business to creating a positive brand image, quality goes a long way to ensure positive effects on your trade. It is thus time you take notice of this matter of crucial importance that will help you attain the zenith of success by incorporating a robust quality control system within your business framework.
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