Business Quote by Ronnie Screwvala
“If you are a single product company, then you are a contract company. But if you enter the retail market, then you have to be a multiple product company.”
About This Quote
A single‑product focus limits flexibility; entering retail demands diversification to meet varied consumer needs.
In simple terms: Single product limits growth; retail needs many products.
Diversify when expanding into retail.
Themes
Mood
Type
When to use this quote
- startup scaling
- product line expansion
- market entry
- consumer demand
- resource allocation
Key Concepts
Questions to Reflect On
- How will you balance focus with variety?
- What risks arise from expanding product lines?
Diversification can strain resources and dilute brand identity.