In business, financial success boils down to a business’s commitment to product, price, and/or service. Some businesses build their brand around quality of product, some around price, and others around service.

For example, Apple focuses on product. Their customers are willing to pay higher prices and endure inconveniences like waiting in long lines at Apple Stores to acquire products they believe to be higher quality.

Walmart focuses on price. Their “Always lower prices, always” and “Save money...