Added Value

Question 1

Ways to add value

Answer 1

USP 
more convenience 
Better design 
Improved quality 
Branding 
Greater speed of service

Question 2

the importance of added value

Answer 2

the added value goes towards paying off a companys cost. the higher the added value, the sooner costs can be paid off and the quicker a business will make a profit. the more value a business can add to its products, the more chance the business has of success, survival and long term growth.