Some people prefer quantity while others prefer quality. They are actually both good but they can make or break during an economic situation. At times, quantity will be better and at times quality will be better. The use of quantity or quality depends on the economic situation. Sometimes you must drop quality in favor for quantity and vice versa.
Quantity surely is better during economic turmoil like a recession. In times were money is scarce and employment level is low, more people will favor quantity over quality. Unless your service or product is for the very wealthy, your target market’s potential starts to look bleak as job turnover rate is high and cash is scarce for middle to low income households.

Quality is really beneficial during times of economic growth where most people have spending power. During times of high growth, people will more likely spend a little more for luxurious and higher quality products and services. Knowing when to use quantity or quality depends on the economy. Being flexible and knowing when to use quantity and quality on your products and services will give you a competitive edge.
To change is to adapt. You must be able to change through the times in order to adapt to it. Choose wisely on quantity and quality depending on the competition and what type of economic situation you are in at the moment.










4 Comments
This is my biggest headache in a daily business … People do understand the concept of quality and expect it … Problem is, they are often not willing to pay for it …
I agree!
It’s also difficult to create trust online - enough so that people will even want to check out what you’re offering - so they can see that you’re offfering a quality product!
-Jon
Both quantity and quality are very important. True for what you’ve mentioned, coz otherwise it won’t balance.
Biz- That’s where the negotiation comes in!
Jonathon- Yeah… is really hard to create trust online. Takes a long time to build.
David Cheong- Glad you’re with me!