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Value-Based Pricing

   Also found in: Acronyms, Wikipedia 0.01 sec.
Value-Based Pricing
A method of pricing a product in which one estimates the value of the product to the customer. That is, rather than considering the cost to the company and marking up according to some formula, value-based pricing looks at factors such as how many customers want the product, how badly and how often they want it, and determine the price from these data.
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Simon-Kucher & Partners' recent projects have led us to a structured and pragmatic approach to the implementation of value-based pricing in lending for credit unions, allowing for the reduction of gut feel in rate adjustments, while still keeping the pricing process simple, consistent and manageable.
Successful credit union loan pricing considers value and risk by Baumgarten, Jens / Credit Union Times
Extensive use of lean manufacturing methods and just-in-time production practices allows Haas Automation to produce high-precision CNC products while maintaining exacting quality and value-based pricing.
25 Years of American-Made Value, Uncompromising Quality, Worldwide ... by Anonymous / Manufacturing Engineering
The study recommends that the current pricing scheme, in which companies are free to set their own prices within very broad profit constraints, is replaced with a "patient-focused value-based pricing scheme" in which the prices the NHS pays reflect the benefits they bring to patients.
Watchdog raps price of drugs by Evening Chronicle (Newcastle, England)
 
 
 
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