How Would You Define Good Quality Product?

In my opinion, a good quality product can be defined as a good or service that provides the best value for money. It is satisfies the need of the user and provides a pay back on the money spent through its features.

In generic terms, a product is defined as anything that satisfies a need or a want. A quality product not only satisfies the need of the product but also provides some value for the money spent.

A quality product would also conform to some kind of standard. This in the current era, could be one of  the global standards such as ISO.