Value-Based Pricing(redirected from Value Based Pricing)
Also found in: Medical.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved