{"id":882,"date":"2018-10-08T09:02:46","date_gmt":"2018-10-08T13:02:46","guid":{"rendered":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/?p=882"},"modified":"2018-10-12T16:21:43","modified_gmt":"2018-10-12T20:21:43","slug":"which-will-you-be-known-for-price-quality-or-speed-of-delivery","status":"publish","type":"post","link":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/2018\/10\/08\/which-will-you-be-known-for-price-quality-or-speed-of-delivery\/","title":{"rendered":"Which Will You Be Known For? Price, Quality, or Speed of Delivery"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-content\/uploads\/2018\/10\/which-will-you-be-known-for.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-883\" src=\"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-content\/uploads\/2018\/10\/which-will-you-be-known-for-300x271.jpg\" alt=\"\" width=\"300\" height=\"271\" data-size=\"987x891\" srcset=\"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-content\/uploads\/2018\/10\/which-will-you-be-known-for-300x271.jpg 300w, https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-content\/uploads\/2018\/10\/which-will-you-be-known-for-768x693.jpg 768w, https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-content\/uploads\/2018\/10\/which-will-you-be-known-for.jpg 987w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/> <\/a>When providing services and products to your customers, you have an important decision to make<\/strong>: Will your company be known for its low prices, exceptional quality, or speed in getting the job done?<\/p>\n<p><strong>Achieving all three is a nearly impossible feat:<\/strong><\/p>\n<ul>\n<li><strong>Increasing speed usually increases costs<\/strong> (through hiring additional labor or buying equipment) and may diminish quality (if a faster turnaround is at the expense of proper attention to detail).<\/li>\n<li><strong>Improving quality often adds cost<\/strong> (via higher-grade materials and\/or workers with specialized skills) and pushes out completion dates (due to the extra attention and care given to the job).<\/li>\n<li><strong>Decreasing costs may sacrifice a quality end result<\/strong> (due to using lower-quality materials or less-experienced workers). There\u2019s often a give and take, so it\u2019s critical to think about what you want your brand to be known for. Rarely, can businesses market themselves as \u201clowest prices,\u201d \u201cbest quality,\u201d and \u201cfastest.\u201d Usually, they become known for one or two, at best.<\/li>\n<\/ul>\n<p><strong>Consider:<\/strong><\/p>\n<ul>\n<li>Harbor Freight Tools vs. Snap-on<\/li>\n<li>Kia vs. Mercedes Benz<\/li>\n<li>Walmart vs. Nieman Marcus<\/li>\n<\/ul>\n<p>So, how can you determine the right legacy to build for your company?<\/p>\n<p>That\u2019s both easy and difficult at the same time! It involves knowing your company\u2019s core strengths. Rely not only on your gut for figuring this out, but also ask for candid feedback from your customers. If there\u2019s a mismatch, you\u2019ll have some work to do, either to shift the scales to what you want to be known for in the marketplace or to embrace and strengthen the public perception that already exists.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When providing services and products to your customers, you have an important decision to make: Will your company be known for its low prices, exceptional quality, or speed in getting the job done? Achieving all three is a nearly impossible feat: Increasing speed usually increases costs (through hiring additional labor or buying equipment) and may&#8230;<\/p>\n","protected":false},"author":1,"featured_media":887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/posts\/882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/comments?post=882"}],"version-history":[{"count":2,"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/posts\/882\/revisions"}],"predecessor-version":[{"id":901,"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/posts\/882\/revisions\/901"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/media\/887"}],"wp:attachment":[{"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/media?parent=882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/categories?post=882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homesteadoutdoorproducts.com\/blog\/wp-json\/wp\/v2\/tags?post=882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}