We all live in the day where quantity often goes above quality. In today’s corporate environment it’s no different. Many business strategies are to make as much money, as quickly as possible, with the largest margins.
Lower consumer pricing requires lower product overhead. This often results in lower quality products, such as clothes for an example.
Consider this. Finding a reasonably nice-looking piece of apparel that is priced at an unbeatable deal sounds too good to be true… and most likely is! We don’t always like the price tags of the higher end merchandise, but over the course of time, you tend to have to replace your “amazing deal” item several times due to lack of quality materials and poor assembly. Typically, a higher priced item with the proper care holds up for years to come.
In the long run, you invest more time, money and energy on the lower-end items than you would if you had originally invested in the higher quality item. This applies for many areas in today’s industries, especially technology.
Pricing does play a key role in any decision-making component, but that should not be the only factor when making key strategic decisions.
In the following example, I identify some components that are of top priority when deciding on a disaster recovery data center location and strategy: What are your priorities?
- Connectivity options
- Onsite support
- Growth capability
These play a part in identifying what options are on the top of your list and will help you determine what type of quality or quantity solution best fits your needs. Not all quality solutions will be the most expensive just as not all low-quality will be the most cost efficient. If you value a long lasting positive relationship with your data center, finding the appropriate balance in cost vs. value and quantity vs. quality is key.
It’s an age old lesson, while choosing price over value sounds like a win-win situation in the short-term, you will quickly realize that the only way to have a long lasting partnership, product and or company is to put quality and value as your top priority. As they say, measure 2-3 times and only cut once.