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Risks And Opportunities: Key To Startup Success
By siliconindia
Build Dynamic Product Line
One of the necessities of the time is providing a dynamic product line to the customers rather than one usual product. Providing a single product might make you a specialist in the industry, but customers tend to use those brands that have dynamic product line rather than a single product. For example, an FMCG company that deals only with shampoo will have less number of consumers when compared to a company that offers other products such as soap, moisturizers and others along with shampoo. Taking strategic risk and infusing new products to your offerings will ensure customer loyalty. Every new product that you add to your product line adds credibility to your company’s function and quality.
