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- DictionaryVal·ue add·ed
noun
- 1. the amount by which the value of an article is increased at each stage of its production, exclusive of initial costs.
adjective
- 1. (of goods) having features added to a basic line or model for which the buyer is prepared to pay extra.
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The meaning of VALUE-ADDED is of, relating to, or being a product whose value has been increased especially by special manufacturing, marketing, or processing. How to use value-added in a sentence.
- What Is A Value-Added Product?
- Understanding Value-Added
- Value-Added in The Economy
- Value-Added in Marketing
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A value-added product is a saleable commodity that has been enhanced with additional qualities that make it worth a higher price than the raw materials used to make it. It may be made more convenient, more attractive, more palatable, or easier to use than its raw ingredients. Adding value explains why businesses are able to sell their goods or serv...
Value-added is the difference between the price of a product or service and the cost of producing it. The price is determined by what customers are willing to pay based on their perceived value. Value is added or created in different ways. These may include, for instance, extra or special features added by a company or producer to increase the valu...
The contribution of private industry or a government sector to overall gross domestic product (GDP)is the value-added of an industry, also referred to as GDP-by-industry. If all stages of production occurred within a country's borders, the total value added at all stages is what is counted in GDP. The total value added is the market price of the fi...
Companies that build strong brands increase value just by adding their logo to a product. Nike can sell shoes at a much higher price than some of its competitors, even though their production costs may be similar. That's because the Nike brand and its logo, which appears on the uniforms of the top college and professional sports teams, represents a...
Learn what a value-added product is and how it can increase a company's revenue and profits. Find out how to add value to a product or service in different ways, such as branding, innovation, or customer service.
VALUE-ADDED definition: 1. Value-added products or services are worth more because they have been improved or had something…. Learn more.
the increase in value of a product or service as it goes through the stages of being developed and produced: There has been a change towards non-traditional exports with a higher value added. Organizing the findings saves the reader time and is the best value-add we can provide. [ U ] ECONOMICS.
What is Value Added? Value added is the extra value created over and above the original value of something. It can apply to products, services, companies, management, and other areas of business. In other words, it is an enhancement made by a company/individual to a product or service before offering it for sale to the end customer.
Value added is a term in financial economics for calculating the difference between market value of a product or service, and the sum value of its constituents. It is relatively expressed to the supply-demand curve for specific units of sale. [1]
Value-added definition: something, as an item of equipment, that has been added to a product by a marketer or distributor to warrant a markup in the retail price.. See examples of VALUE-ADDED used in a sentence.
