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Simple economics lesson has stated that these three may be highly difficult to get at the same time when buying a service.

1. Price => Low Cost: Getting it cheap.
2. Time => Fast Delivery: Getting it done/delivered fast.
3. Quality => High Quality: Getting it at a good quality.

It's a simple logic.

- If it's cheap and the service will be delivered so fast, then there's a high chance that the quality you will receive may not be top notch as you would expect.

- If the vendor is going to deliver a high quality service, and it will also be delivered so fast, then know that the price may not be cheap. Because you will pay extra for the express delivery.

- If the service will be of high quality, and the price will be cheap, then, be sure that you need to have patience for delivery.

So next time you are getting a service or a product that needs to be processed before delivery (not an already-made product), put those points raised in mind.

If we have to look at the three factors, which should you let go?

Quality? You will mess up your business or even life if you sacrifice this..

Time? A second lost can never be regained. So we doubt you will want to sacrifice this.

Money? It depends on your value anchors. If we need to pay a little extra to save time and at the same time get a high quality, then this is a no-brainer, and needs no thinking, we will do it immediately.

Dear business owner, I don't need to advise you on this. You already know what to choose.

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When you build for both developed market and developing economy, there are things you worry about and consider to be very important, which other people which only build for developed economy won't even think about.

You have a solution that's used by a merchant in Seattle and also by a merchant in Lagos Nigeria.

A software used by a student in Hull University in UK and by a student in University of Abuja, Nigeria.

Internet speed varies, the cost of data exchange varies, access to power varies.

Etc.

For the developed markets, internet speed and associated cost data/internet subscription may not be factors to worry about.

But for the emerging markets, all these factors affect the User Experience, the adoption of your solution, the speed at which they are able to use the solution without drag, etc.

For the emerging markets, your addressable market includes folks with slow 4g internet, merchants who have up to three different networks as failovers/backups

This is why market experience is highly valuable in any digital solution development.

When building for both sides of the fence, putting local context into tool selecting and solution ex*****on is very important for a winning product.

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