Difference between revisions of "Total economic value"

From knowledgebase
Jump to navigation Jump to search
 
Line 1: Line 1:
−
Total economic value
+
The total economic value is defined to be the price of the customers best alternative (reference value) plus whatever differentiates the offering from the competition.
 
[[Category:marketing]]
 
[[Category:marketing]]

Latest revision as of 19:51, 27 August 2020

The total economic value is defined to be the price of the customers best alternative (reference value) plus whatever differentiates the offering from the competition.