A product has value only as it provides some benefit to the customer that the customer sees a need for, or has a desire for.

Name: A product has value only as it provides some benefit to the customer that the customer sees a need for, or has a desire for.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

This statement is true. A product's value is derived from the benefit it provides to the customer, and this benefit must be something that the customer either needs or desires. Without this benefit, the product has no value to the customer.

A Product Has Value Only as It Provides Some Benefit