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med. product value (1) Product value is the perceived worth of a product or service in the eyes of customers. It is a key concept in product development and pricing. If you can develop a product that has significant value to customers at a price that is perceived as fair, it may sell well. 2) Product value is the worth that customers assign to a product or service that solve a pain point. amatsyuk)
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: 21 phrases in 11 subjects
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