3 ms·
If a product isn't better for someone, people don't buy it. Marketing counts for something, but quality is still the most important factor in the success of a p
by rjurney 2y ago
If a product isn't better for someone, people don't buy it. Marketing counts for something, but quality is still the most important factor in the success of a product. It just may not be the quality axis that's important to you, so it can seem arbitrary.
- kjkjadksj 2y agoWhat would you call cost cutting then? Clearly we are talking about the same things if we are talking about optimizing for shareholder value. I think its not controversial to see how consumer value has plummeted on a lot of goods especially in light of the idea of planned obsolescence and having generally more disposable products to sustain a black hole of a business model.
- rjurney 2y agoCost cutting is usually driven by pricing pressure, and cheaper products are better.
- immibis 2y agoEmpirically, you are wrong. People do buy inferior products.