goods

How to find best quality consumer goods

It is every consumer’s best interest to obtain goods that are of the highest quality and with pocket friendly prices. Obtaining the best quality consumer goods can be a challenge to many. Explained below are ways on how to find best quality consumer goods without much hustle. In this context, only durable goods are considered.

Durability

This is the ability of a good to measure up to the test of time while still performing its tasks effectively. This is information readily provided by the manufacturers of a commodity so that the consumer knows the expected useful life of a good.

The durability of technological goods is relative to new inventions and adoption of the new technology over time.

This information is important to avoid disappointments and unforeseen sudden expenses when a good such a desktop printer suddenly fails to perform.

Price

This is the cost of purchasing a commodity. It is in the consumers interest to know the price of the good and if there are other hidden charges apart from the cost price. Some products incur other costs such as insurance cost, even before the good can be put to use

The cost of a commodity can be over stated in one retail shop yet other shops offer pocket friendly prices. It is important to know whether the total cost factors in after sales services such as repainting of a table after some years or even repair after breakage.

Efficiency

This is the ability of a good to perform the tasks expected and even more given the available resources. The best quality consumer goods should use minimal energy and are user friendly. The resources such as electricity for a washing machine should be readily available and used to the minimal. Cars that use less petrol are both pocket friendly as you save on gas, and environmentally recommended.

The efficiency of a good is relative to individual consumer needs and wants.

After sales service

Consumers always look forward to support from their suppliers in the event of anything going wrong. These services can be in the form of servicing a car after sometime to check on worn out parts among other issues. This gives customer’s confidence on the genuineness of the goods and the good-will of the suppliers to take care of previous customers while attracting new ones. This is an important gesture that helps to market the suppliers and results in satisfied customers.

BusinessIntelligence

Five Tips to Help Grow Your Business

If you have started a business, there’s probably one thing on your mind–how to make it grow. After all, how many business owners and managers have ever had on their list of goals to just survive or just get by? Right. None. So, how do you accomplish your goal of growing your business? Here are five time-tested and proven tips that will help you grow your business.

  1. Turn your customers into your salespeople. Customer referrals are, without a doubt, the most effective means of reaching new customers and getting new revenue streams. How do you do this? It’s easy. Treat your current customers like your best friends. Serve your customers better. Make the point of contacts to build relationships instead of making sales. You will find that eventually you will build both.
  2. Delegate. No business that was on the right growth track ever stood still. As a result, if your business is growing there’s no way you can handle all of the details yourself. As a result, you need to find people who you think have the right talents to help you, and then get out of their way. Delegate and don’t micromanage. You will be shocked at how much you can get done versus doing it yourself.
  3. Develop new products and services. Growing companies are constantly developing new products and services to offer their customers. The old adage of “innovate or die” is true. Standing still in your business will leave you standing in the dust. You should be constantly asking yourself, “What can we do new and/or differently to earn new business’?”
  4. Penetrate new markets. Growing businesses are constantly looking to develop new markets for their products and services. To do this, you should first determine who your market is, then decide how you can reach other markets. For example, if you own a small business that offers products that appeal to a certain segment of your population, what new product could you offer or adapt your current product to reach more markets. It doesn’t matter where those markets are, whether across town or around the world. Reach out and you will get them.
  5. Automate. If you’re spending too much time on tasks that could be automated, you are probably losing too much money avoiding the technological solution. Accounting is an excellent example of this issue. If you are using a bookkeeper who is still employing paper and pencils instead of computerized program, you are losing significant amounts of time and money. The message is clear: automate.