What is the most important factor when it comes to determining something’s perceived value? A. what its real value is B. how well it is marketed C. how well it is made D. the item’s true utility

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17-06-2022
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What is the most important factor when it comes to determining something’s perceived value? A. what its real value is B. how well it is marketed C. how well it is made D. the item’s true utility

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Tundexi Tundexi · Answer 1 · 2022-06-20T17:53:46+02:00

The most important factor when it comes to determining something’s perceived value is how well it is marketed

What is a perceived value?

These refers to a value that are measured by the price the public is willing to pay for a good or service.

Hence, a marketing team of a product tries to influence its product perceived value by emphasizing its qualities such as its aesthetic design, accessibility, convenience.

Therefore, the Option B is correct.