Wednesday 2 March 2011

10A BIG Question

'The price of a product or service is not as important as the features/quality of the product or service': Discuss.

29 comments:

  1. To the buissen the profit is more importin but if they are macking bad quality product they wont get the customers in the first place to make an profit so i think they are both importent.

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  2. i think that in some ways the quality is more important then the price of the product. and if the product is not so good there not going to buy the product again.

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  3. I personally think that the quality of the product or service is more important than the cost. If you can afford to buy something that would cost more, you should if you want to. If you cannot, you would probably have to get along with a lower-quality product, however in some cases this isn't fair because the consumer might have to suffer for it economically just because they want a better quality product.

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  4. the features/quality is more important because the product will not sell is they dont have good quality.

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  5. I think the features and the quality is much more important than the price, i'd much rather pay allot for something that works properly with decent features, than something that's cheap and doesn't really do anything or that is going to break quickly.

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  6. I think that the features of a product are as important as the quality and service of the product because if you have a good product and you sell it cheap, people will think its not so good as it cheap. If you put it in an approiate price range for the standard of the product then people would be more likey to buy it, and not think of it as so cheap. Also if you put the price to high, you could lose customers.

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  7. i prefer the quality of a product because if it is quality you feel to yourself that you spent your money well and wisely and if it is quality it wont break as easy.

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  8. charles marshall2 March 2011 at 02:06

    the price is as important as the product quality because you can spend lots of money on making a product with brilliant quality and features but not make any profit because you set the price too high or low.

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  9. Daniel Sullivan2 March 2011 at 02:06

    From a business point of view I think they want to sell what they can at the best possible price so for them they might go for low quality as they would make more profit than if they had to spend more money making the product quality better. From a consumers point of view I think they would prefure good quality products as they last longer.

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  10. I think that the price and features of a product are as important as each other because if a product is really cheap but is poor quality then ther is no point in buying it, It also works the other way if the product has amazing features and is of high quality, but then has a price that very few people could afford then you are losing out on potential customers.

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  11. the service/product's quality should be at a cost which is relevant to how good the product is. if the product/service is bad you wouldnt expect to pay a fortune and the same the other way around.

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  12. The price of the product/service depends on the quality of the product/service. e.g if the product/service was very good you would expect the price to be high.

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  13. Russell "dicaprio" Golding2 March 2011 at 02:06

    IF the product is pants no-one will buy it so the price wont be relevent. But if something good was massivly overpriced no-one would buy it so the quality or features of the product wont be relevent.

    Brad Meadows is my life. Business is also my life.

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  14. If the quality of the product is realy good customers will be willing to pay a higher price so price doesnt matter. so if the product is rubbish there wont be many people buying so the price doesnt matter.

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  15. I think that they are equaly they are just as important as each other.it is better to have quality but you want to have the good price to get more customers.

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  16. The features/quality of product and service is important, but the price makes a big impact on who buys the product as it maybe to expensive for the basic features it offers. Also, a businesses main aim is to gain a profit, so they need to make a reasonable price to do so.

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  17. I think that they both are important because you need a good quality product or service to attract the customer, but at the same time you need a price that the customer can afford.

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  18. i think price is the most important thing when buying a product.

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  19. kiernan pollard2 March 2011 at 02:07

    I think that they both are good in a business because you need good quality products to sell to the customers then you also need a price which customer will like so that will buy the product you are selling.

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  20. I think that the features/quality of the product or service are more important because it has to be done to a good quality for people to buy it in the first place.

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  21. the product and service is important this make a mssive impact of the person who is going to be buying the product and if it is to expenive then the product might have an offer which makes a customer even more attracted

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  22. the features of a product is that the product will impress the customer and if if the quality is bad they wont make money

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  23. scott is legend2 March 2011 at 02:08

    if you buy a poor quality product you may have to keep re buying it where as if you buy a good quality product it will last you a lot longer and therefore in the end make a profit.

    shout out to Mr Clarke for being our business teacher.

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  24. I think the quality is more important when bying a product

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  25. chicken wings

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  26. i think that some quality is better than others so it should be better for the amount you are getting and that the company make profit.

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  27. The features or quality of a product or service is more important than the price, which is why you pay more for a better product or service.
    Olly Wearing

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  28. i think both price and quality becuase if alot of people think the product is of a good quality and the price is way over their price range then they wont buy it even if it is a good product.

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