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1 year ago
ratesfeed
Value-Added
What Is Value-Added?
Value-added means, before offering to customers, a company gives its products the economic enhancement like adding a brand name or giving two years of free tech support for the digital devices. This act helps explain why companies can sell their products or services for more compared to the cost of production. Additionally, adding value is important since it provides customers with an incentive to purchase the product, therefore boosting a manufacturer’s revenue and bottom line.
