A Quote by Jack Welch

The value decade is upon us. If you can't sell a top-quality product at the world's lowest price, you're going to be out of the game.

Jack Welch

Quote Topics

Decade Game Going Lowest Out Price Product Quality Sell Top Us Value World

Quote Author

Jack Welch
American - Businessman
November 19, 1935 - March 1, 2020

You have to have a product or service that offers customers a unique advantage over the competition. Some people think it has to be price, but only one person can have the lowest price, and the person with the lowest price isn't necessarily the most successful.

Cameron Johnson

If you're going to sell stock and somebody wants to buy it at a price and that price is not a price you dictate, but demand dictates, sell it to them now.

Barry Diller

Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.

Peter Drucker

No matter how lofty a film is, it becomes a product after entering the market. It has a price. I think no matter what your purpose of shooting it, it has to have artistic value and then sell. But you can't make money if it doesn't have artistic value.

Jiang Wen

We learned that a product doesn't sell just because you're trying to do good in the world. You still have to have a healthy distribution, a good marketing strategy, and price the product properly.

Ben Cohen

The investment game always involves considering both quality and price, and the trick is to get more quality than you pay for in price. It's just that simple.

Charlie Munger

Now, if you want to get rich, you have only to produce a product or service that will give people greater use value than the price you charge for it. How rich you get will be determined by the number of people to whom you can sell the product or service.

Earl Nightingale

To a value investor, investments come in three varieties: undervalued at one price, fairly valued at another price, and overvalued at still some higher price. The goal is to buy the first, avoid the second, and sell the third.

Seth Klarman

Writers aren't in competition with one another. It isn't a zero sum game. If you have a good book, a good cover, a good product description, and a low price, you can sell well.

J. A. Konrath

When you sell on price, you are a commodity. When you sell on value, you are a resource.

Bob Burg

At a time when all the other builders were selling homes with basements but without carports, we would sell homes without basements and with carports. This allowed us to provide a more appealing product at a lower price. In other words, we felt we would be giving customers greater value.

Eli Broad

Today's smart marketers don't sell products; they sell benefit packages. They don't sell purchase value only; they sell use value.

Philip Kotler

What I do is provide a quality product with a quality taste, that's sustainable, and present it with a proper price structure so when people see it on the shelves, they will want to try it.

Rohan Marley

What I would love to happen is to have people at the top of their game - straight, gay, cisgender, transgender, whatever - to volunteer with us, as long as they have something of value to offer and they see the value in our community.

Angelica Ross

There's no such thing as a value company. Price is all that matters. At some price, an asset is a buy, at another it's a hold, and at another it's a sell.

Seth Klarman

It is not the lowest priced goods that are always the cheapest - the quality is, or ought to be as much an object with the purchaser, as the price.