Well expressed and experienced by many! Is it a result of "buy cheap...buy twice"!
There is so much relevance in this statement no matter what background or industry you work in.
It's so true and unfortunately, the decision makers are forced to accept this as they are scrambling with budgets.
This normally is an expensive lesson, which quickly makes for more balanced decisions on where to source or which materials to use.
So widely evidenced in both domestic and industrial applications...Wiseness in our choices is quite always a question of a height of view!
"There is hardly anything in the world that some man cannot make a little worse and sell a little cheaper, and the people who consider price only are this man's lawful prey", John Ruskin.
A quality is what the customer perceives it as. If you truly have a better product or service, then you aren't selling properly or you got the wrong person selling.
It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money - that's all.
When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do.
The common law of business balance prohibits paying a little and getting a lot - it can't be done.
If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.
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quite an inspiring post :) i followed u lets work together
I've never had a breakthrough in my life. I've always been budgeting: trying to pay rent, to buy clothes even purely just to eat
Yes, you are correct paying less does not ensure the quality of the product we may get bad product and lose all the money.
nice, flwd