answersLogoWhite

0


Best Answer

Value based pricing is a method of pricing a product based on perceived value. This method sets aside the issue of production and distribution costs and focuses more on what the buyer is willing to pay. This method of pricing is the most popular way to bring more profits to a company's table.

User Avatar

Ashley Champlin

Lvl 9
2y ago

Still curious? Ask our experts.

Chat with our AI personalities

LaoLao
The path is yours to walk; I am only here to hold up a mirror.
Chat with Lao
ReneRene
Change my mind. I dare you.
Chat with Rene
RossRoss
Every question is just a happy little opportunity.
Chat with Ross
More answers

Value base is a pricing system that is based on the value of the product instead of being based on the cost to make the product. It is pricing based on what the customer would perceive the object worth.

User Avatar

Add your answer:

Earn +20 pts
Q: What is base value?
Write your answer...
Submit
Still have questions?
magnify glass
imp