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Pricing to the Attributes Perceived to have Value
14 hours ago ago from Brands and Reputation
There is an interesting article in Harvard Business Review with a little sidebar on how customers respond to different pricing schemes. The researchers manipulated a payment mix between products and labor for car service in a conjoint analysis. In one scenario, customers saw greater value in paying more for products than for labor. However, they rejected a scenario in which they only paid for products and all labor was free, or one in which ...
Related contentLean Manufacturing Overview: Lean vs. Batch Manufacturing Lean Training Video
58 minutes ago ago from Lean Manufacturing Blog
An animated comparison of how products flow through batch and Lean manufacturers. The side-by-side view of both production methods highlights the advantages that Lean offers. Lean video created by Jeff Hajek of Velaction Continuous Improvement
Related contentQuality, a forgotten product ingredient that is needed for economic recovery
11 hours ago ago from International Executive
In this day and age of economic meltdown one thing is clear. Those who have the best products, products that provide exceptional value will remain. The rest will be history. Maybe that will be a good thing. Consumers are re-evaluating the value they get for their hard earned and uncertain wages. Marketing budgets are bursting at the seams with cash trying to get everybody's attention for the same old products and consumers are mostly ...
Related contentProperty Appraisals Are Important When Settling Estates
19 hours ago ago from jkrinvestments.com
Settling an estate after the death of a loved one is a complicated process, especially if there is any real property involved. Hiring the services of a professional real estate appraiser is an important and highly useful procedure that helps everyone involved, from the heirs of the estate to tax agencies, agree on a property's value. When an estate consists of real property of any kind, fair market value must be assessed for a variety of ...
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