adding value

?
  • Created by: nicole14
  • Created on: 06-04-16 18:55
Different ways of adding value? and what is the disadvantage
branding, speed of service, improved quality, better design, USP , however it costs money
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what does a USP do to competition? what is the negative side? how can it be achieved?
increases competiton, might be copied, aimed through understanding customer needs and by market mapping
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3 advantages of adding value?
the higher the added value the sooner the costs can be paid off and you can make profit and the more chance of sucess/growth/survival
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adding value increases?...
customer loyalty, appeal of product and prices of product
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when do businesses add value?
when the selling price of a product is higher than the cost of all the resources used to make it
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what is added value?
the difference between what a business pays its suppliers and the price that it is able to charge its products for
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Card 2

Front

what does a USP do to competition? what is the negative side? how can it be achieved?

Back

increases competiton, might be copied, aimed through understanding customer needs and by market mapping

Card 3

Front

3 advantages of adding value?

Back

Preview of the front of card 3

Card 4

Front

adding value increases?...

Back

Preview of the front of card 4

Card 5

Front

when do businesses add value?

Back

Preview of the front of card 5
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