Classification of Web Development Companies: - Basically we classified the companies on basis of their job like there are some services providing companies and some are product development companies. We call those companies as service providing companies which develop products for others and after that maintenance is in their hand but the brand name is not there. And product development companies are those companies which develop product for themselves and launch them under their own brand name.
Factors on which success rate of company depends: - There are a lot of factors on which the success and failure of their company depends. Now let’s see what these factors are. If the company is a service providing company then the success of the company depends on the satisfaction of their clients like how much their client is satisfied on basis of the quality of product deliver by you, whether you submitted the product on time or not, is your client satisfied by the product deliver by you, how’s your interaction with the client and many more.
Now let’s see that what are the factor’s on which a success of a product based company depends. The mostly success of the product depends on the number of user that will be beneficial by the product. Like if the end users are more there may be more possibility for the success of the product. The other factor is the cost more the cost will limit the number of users and less the cost will increase the number end user and more users than more success of the product. And after once the end user starting utilizing product then the success will depends on the customer satisfaction.
Like if the customers like your product they will use it more and also refer there friend and if they didn’t like the product then they will discontinue the use of product which is not good for company and can affect their success rate. Apart from this there are many more factors that can affect the success ratio of the product like new financial laws announce by the government, taxes and reach out to customers and many more.
The companies may take few steps before launching of product that will lower the risk of failure and may increase the success ratio. Every company must prepare a risk analysis report before launching a product by doing this they can get actual scenarios of their success. Before launching of product must prepare a report on market analysis that can introduce you the real market scenarios. Take and launch your product in a way that it can be easily got to the end user without much effort. So in this way study of current market scenarios can save you from failure of product.