What is most important for your business development?

Discussion in 'Growing and Managing a Business' started by Jamie1, Aug 7, 2014.

  1. Jamie1

    Jamie1
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    Hey all, I just wanted to ask a really quick question, what do you think is more important for the development of your business, customer value, or your profit margin? I have thought about this and I can come up with reasons for both, so I was wondering what you might feel is the most important factor.
     
    #1 Jamie1, Aug 7, 2014
    Last edited by a moderator: Aug 7, 2014
  2. Clarence.Burn

    Clarence.Burn
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    Hi Jamie1, For me is the most important thing for your business is the quality of your product and of course the customers.
     
  3. Mark Robinson

    Mark Robinson
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    I think, most important is customer value and their satisfaction.
     
  4. webdesignphx

    webdesignphx
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    Well said Mark!

    I think marketing is the single most important aspect after providing a great quality service or product.
     
  5. ellisthomas86

    ellisthomas86
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    Customer Value and Customer Satisfaction are the main important factors to be considered in terms of the business development. There is a proverb that if the base is strong no one can destroy the building. Similar way if customer is satisfied, profit is going to come up in a regular basis, there is no doubt in that.
     
  6. Blackberg

    Blackberg
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    I believe great marketing (especially the timing of it) wins most customers. Marketing can "create" a sense of "great customer satisfaction" even when a product or service is not that great. There are numerous examples of this fact. So I'd say high margins plus super-marketing is key.
     
  7. ednawise

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    Find out your client journey or your main goal, pre and post-sale. Understand what you do currently. :dunno:
     
  8. Anh

    Anh
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    The most important things are customer values , service, support and quality of the product.
     
  9. DeniseTaylor

    DeniseTaylor
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    I think customer trust is most important. If you honestly deliver high quality and gain their confidence, you have a basis upon which you can grow profits. Focus should be on customer and delivery, then creating/managing profits.
     
  10. jayantisoftwares

    jayantisoftwares
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    For Business Development Quality is too important of your product next is leads if you have good leads and connections then you can grow your business
     
  11. FaaastCash

    FaaastCash
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    Well strategized marketing & customer satisfaction is genuinely important for development of any business. if the followings are attained then nothing can stop a business from being successful.
     
  12. FIBC

    FIBC
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    Dear, currently no customers, no profit, so customers are very important!
     
  13. MikePeterson

    MikePeterson
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    There are many things which is most important for the growth and development of any business. These facts can be the proper management of business, satisfaction of clients, quality of the product, service, support. By following in above terms your business will grow and develop.
     

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