0 the value of a product based on how much customers want or need it, rather than on its real price:
Selling your product at a higher price increases the perceived value because people associate high prices with quality.
1 a method of pricing a product based on how much customers are willing to pay for it rather than on how much it costs to produce
NIEUWE WOORDEN
European
May 10, 2021
WOORD VAN DE DAG
Shimmer
perceived value