Why Quality Is Important
- The fundamental reason for focusing on quality is the potential for an increased profitability.
- Consumers demand and expect quality in return for their money.
- Consumers recognize quality, and are willing to pay for it.
- Quality builds up the brand and makes the product more profitable.
- The winner of the quality game gets the attention and the sales.
- Better quality leads to:
- Increased production.
- Lower warranty costs.
- Lower marketing costs.
- Fewer surprises.
- Positive customer experiences delight the consumer and lead to additional sales.
© 2008 John Michael Pierobon
Notes