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Product Substitution

Product Substitution

Categories : Compliance Performance Strategy | Tags :

A substitute product may offer same or similar products as a product from another company. However, there are certain risks faced when a product is substituted. Some factors like switching costs, product price, product quality, product performance and substitute availability may influence product substitution.

Nevertheless, although product substitution may be an option, cheaper, non verified, unauthorized products can lead to accidents, poor quality, poor performance, higher emissions and increased costs in the long term.

Substituted products may also reduce the performance of the building as a whole. Often, the rectification costs and risks of product substitution far outweigh any perceived benefits of doing it in the first place.


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