Experiential value is profitability related.

Question

Quizplus · Accepted Answer

Experiential value is not directly related to profitability. It refers to the personal and emotional benefits a customer derives from using a product or service, such as enjoyment, satisfaction, or even personal growth. While creating a positive experiential value can lead to customer loyalty and repeat business, it does not necessarily guarantee higher profitability. Other factors such as pricing strategy, operational efficiency, and market competition also play important roles in determining a business's profitability.

Experiential Value Is Profitability Related