Find us elsewhere
Join Now Member Login

I sold a bad product!

 
New Topic
Post Reply
Follow Topic
Page of 1
  • Author
  • Message
 
CraigL

posts: 9051

Nov 07, 2008 3:36 PM ET    Quote  Report Abuse
Points: 0   Vote
The interesting problem here is philosophic. On one level, you have a moral (ethical) issue. On another level, perhaps deeper, is your entire concept of what life is all about, how you want to live your life, and what you hold as the purpose of your life. Probably why you`re losing sleep. :-)

I`ll propose that all of us have two categorical ways to look at all of life and our purpose here. We have to choose one of them. The one is to simply "get through it." In that view, life is a series of reactions and responses to circumstances, fortunate opportunities, wishes and hopes, and accumulation of wealth.

The other is that life is a platform of some kind for a purpose. In this other view, all of history and human culture generally suggests that there is a basic purpose to each life, somewhat like a "destiny." The evolution and development of some type of ongoing aspect of "self" learns and experiences each life, developing in some way.

Following each basic view, all of us develop rules and principles of how to live. Each of use chooses a morality based on our philosophy. That morality can be just about anything, but with thousands of years of history, most moralities have been described and listed.

If you see things the first way, that life is a set of reactions, then your logical solution is to let the transaction stand and deal with possible consequences if or when they arise. If nothing happens, you`re no longer involved. If something happens, you worry about it at that later time.

On the other hand, if you follow the second category, then you have to evaluate both your business and your own personal "quality of self." Speaking to your buyer and indicating a less-than-promised (or optimal) product will impact your business and your cashflow.

One possible outcome is a request for a complete refund. The consequences of that could bankrupt your business, or it could introduce a level of respect for such abstractions as honesty, customer satisfaction, reputation, and so forth. The gamble is whether your buyer values these kinds of abstractions.

An argument toward the refund would be that if your business bankrupts, "at least" you can live with yourself on a character level.

So the bottom line question is this: how important to you, on your own, is this sense of your own character? Which will you choose: practical business, or a risk that your buyer doesn`t assign value to character abstractions.

Saying the same thing in common language we hear every day, you`re the one who has to look in the mirror every morning or evening. Would you rather pay the bills on the basis of a low-quality product, or lose the business (possibly) or struggle with the bills on the basis of your vision of some concept of character.
CraigL2008-11-7 15:37:31
SilenceDogood

posts: 41

Nov 10, 2008 6:27 AM ET    Quote  Report Abuse
Points: 0   Vote
Do you have a way to make it right without being put out of business?

It seems to me (philosophy aside) at risk is the reputation of your business and that could do more damage to you in the long run.

One unhappy customer posting on the Internet or talking within an industry something like: "Don`t do business with Acme Inc because they over-promise and under deliver (or juicier wording)" could hurt the future of your business considerably.

If it were me, I would try to figure out a way to make it right. 

idahobob

posts: 48

Feb 11, 2009 12:40 PM ET    Quote  Report Abuse
Points: 0   Vote
Well, the way I see it is like this...
 
You sold 100 parts you think will not deliver as promised to your single customer.
 
First, you have a good opportunity to shine here.. you can go to your customer and explain the problem, what went wrong on your part, how you corrected it, what you are going to do should returns start coming back and how you will insure it never happens again. If this is not a part of your standard business policy, you should make it so.
 
That solves your problem and put it`s it in the hands of your customer who made the product. Let him  deal with it, he probably has experience with dealing with issues like this and has a set plan to handle it. Likely the guy in the department that inspected your part prior to installing it is going to be scrutinized but, these unavoidable things can occur and a good exec will take this opportunity to make his product and manufacturing better...
 
So a lot of good things can come from doing the right thing...
 
You don`t want to throw a wrench in the works for your customer do you? you want to help him by producing the best you can, just like maybe 100 other people and small businesses who are making the other parts. you may not know who they are but still, you are all connected and you all depend on eachother.
 
Craigs post really points out reasons for both sides of it but, I`ll say on behalf of your customer, the people producing the other parts and your customers customer and all the coincindental people who are involved with the product to just do the right thing. everybody will be much happier.
 
you will sleep like a baby once your conscienee is clear:)
 
 
 
 
idahobob2/11/2009 12:39 PM
mfackrell

posts: 227

Feb 17, 2009 11:12 AM ET    Quote  Report Abuse
Points: 0   Vote
I agree with bob 100%!
 
People often think that the moral thing and the right business decision are in conflict. I believe that the correct moral decision is ALWAYS the best business decision.
 
If they come to you with the problem, they will think you are trying to hide something and this will damage your relationship with them in the future, you may well lose the customer and they will never have anything good to say about you, or your business.
 
However, if you go to them with the problem. It shows that you are not trying to hide anything and that your intent is to provide them a quality product and have a good long term business relationship.
 
If the damage is too great you may still lose the customer, but they will respect your intentions and you may have the opportunity to do business again in the future. They will also not feel the need to "bad mouth" you in the future, if you do the right thing.
 
Business is nothing more than relationships between people, the golden rule applies both from a moral standpoint and a business standpoint. The ethical decision is more profitable in the long run.
brendabanks

posts: 8

Jun 05, 2013 5:58 AM ET    Quote  Report Abuse
Points: 0   Vote

For me you should think a solution for it don't put out your business if you have a bad product make it good.In Finland country there are many business that really taking the risk and giving all the best from customer service that do of most of the puhelinvaihde and call center and they are also doing a good management and enhancing more on it.In short develop or improve your weakness to stay in business



-------------------------

Page of 1
Post Reply
 
.
Advertisement

Keep the Community Clean!

  • StartupNation forums should be used as a platform to learn, educate others, share stories, tips & tricks and to provide constructive feedback.
  • Please do not use the Forums for advertising & blatant self-promotion.
  • Please be respectful to other members and refrain from personal attacks and vulgar language.
  • StartupNation reserves the right to delete any message, reply, and/or member who violates our terms of use.
Read full terms of use
Advertisement
Advertisement
Advertisement
Advertisement