What does product quality really mean?
Product quality is the extent to which a good service or combination thereof solves a problem or meets a need. For a product to have any real value, it has to have some kind of quality or, hopefully, a high level of quality. In other words it needs to actually solve a problem for the consumer or meet a need. By doing that our product can be a source of value.
Just being different or being new doesn’t make a product. It doesn’t give a product quality, so we really have to focus on solving a problem or meeting a need for our product to deliver value and to have some high level of quality.