What determines why you would pay a certain price for a product? Is it one or multiple reasons? Would you pay more for the same product if the quality and versatility is better? This poll thing is great.
Just what I thought. By a landslide. Thanks to all who take the poll.
It is very helpful.
Good idea. I will try that one next time. Thanks.
I think the overall concept is VALUE. It`s a measure of price versus what`s delivered. The deliverable might include quality, but will most likely include otehr things.
Quality is irrelevent if the product doesn`t do the required job. Quality is also sometimes not part of the requirement, and will not enter into the value equation... Everyone has purchased products of poor quality.
|Headline:||Creating great products through innovation|
|Description:||I am an aspiring inventor currently developing and re-designing a new consumer product which will be on the market soon. Currently working out the prototype and soon to be in production.|