What does it mean to add value to a product?

[IB D]

Every business has a product it is selling or service it is rendering. Over the years, we have been hearing of the importance of adding value to a product or service? We have heard that you can sell at a higher price if you can add value to the product you are selling or the service you are rendering.

But what does it really mean to add value to a product? What are examples of value addition to a product or service?

 

[Niyi Briggs]

Adding value to a product entail improving the quality as well as the packaging of that product. You'll have the product advertised across the globe to improve demand in supply. This adds immense value to a product.

 

[IB D]

When you add value to a product, you have made an improvement to it's original state. For example, a trader smoking and packaging fish. A trader makes more profit if he or she adds value to a product.

 

[uptrendfinancialsignal]

The major purpose of adding value to a product is to make it acceptable and increase in quality.

 

[Shortie]

When I hear about adding value to a product I think of a better quality product with better packaging and something that will last and not be useless within a short space of time.

I always feel when I am buying from a business or company, if what I buy is high quality and I am happy with the product I am more than happy to use that company again.

 

[Shavkat]

I personally think that this phrase means, to add features of certain products. In this way, it can add more value of them. It is also matter of showing the durability of these tangible products.

 

[flower]

Ultimately, when the quality of a product is enhanced then it has added some values.

 

[Heatman]

Every business has a product it is selling or service it is rendering. Over the years, we have been hearing of the importance of adding value to a product or service? We have heard that you can sell at a higher price if you can add value to the product you are selling or the service you are rendering.

But what does it really mean to add value to a product? What are examples of value addition to a product or service?

It is actually the value of a product that makes a customer pay money to purchase it because they want to enjoy that value the product offers to them and if your product does not offer any value to any customer they will never purchase it.

 

[Niyi Briggs]

It is actually the value of a product that makes a customer pay money to purchase it because they want to enjoy that value the product offers to them and if your product does not offer any value to any customer they will never purchase it.

And an additional value makes the customer to want to pay more for the product. It is important to add value to products especially poultry.

 

[Sophie]

To add value to your product means to invest more on making a particular product have more worth and by doing so you get more consumers who would help in lifting your business

 

[Shavkat]

Ultimately, when the quality of a product is enhanced then it has added some values.

You said it the right statement. Whenever we do something new with our products or services, we had improved their values without no doubt. It is how business works with this matter.

 

[cherry123]

This is simple it is about adding improvement i.e improving the quality and even the packaging of that product. You'll have the product remade so that they are more accepted

 

[AruneBend]

Adding value to the product is very important if you want customers adding value helps to increase customers and things like that

 

[Bisolami]

Adding value to a product entail improving the quality as well as the packaging of that product. You'll have the product advertised across the globe to improve demand in supply. This adds immense value to a product.

And the products should be able to satisfy every customer or majority of those who use it

 

[cherry123]

You need customers to be attracted by adding value to your products oiie quality improvement it is very important if you want customers to increase and customers to keep buying your things

 

[Stardom22]

According to my view of things adding value to the product involves the creativity of the Entrepreneurs to make some alterations and improvements on the product quality so that they become more unique to the existing products in the market for the purpose of winning of the biggest market share among the competitors.

 

[Heatman]

And an additional value makes the customer to want to pay more for the product. It is important to add value to products especially poultry.

Every customer likes to make sure that their money is getting them exactly or even more than what they are paying for which is why you must add more value to your products.

 

[uptrendfinancialsignal]

Every customer likes to make sure that their money is getting them exactly or even more than what they are paying for which is why you must add more value to your products.

It is critical to add more value to your product so that it will attract and pick the interest of the customers.

 

[Smalto]

Every business has a product it is selling or service it is rendering. Over the years, we have been hearing of the importance of adding value to a product or service? We have heard that you can sell at a higher price if you can add value to the product you are selling or the service you are rendering.

But what does it really mean to add value to a product? What are examples of value addition to a product or service?

Adding value to a product, basically means modifying the existing one, adding extra features that are missing, trying to figure out what is lacking in that product that may be of great benefits to the end users and proferring a solution or filling in the gap for a better consumer experience.

 

[Heatman]

It is critical to add more value to your product so that it will attract and pick the interest of the customers.

If you value your customers to have loyalty in your business brand you will always make sure that you offer maximum quality when it comes to your product.