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Saturday, September 10, 2011

what adds value ?

For the purposes of this list, "value" is equated with WTP (Willingness to pay)

  1. Product-embedded features
  2. Location-embedded features ( Outlet, Site, Service Centers, Call Centers)
  3. Membership-embedded features ( society membership that comes with the product )
  4. Facility ( space, equipment, cash ) helps in PCS ( Product Consumption Cycle)
  5. Image ( as a signal of pride, status, quality )
  6. Platform ( you can extract value from yourself ) a swimming pool
  7. Social Platform (Facebook type) you get value out of other members 

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