Brand Equity
The value a brand adds to a product or service beyond the functional benefits, encompassing factors like brand awareness, perceived quality, and customer loyalty.
174 topics found for
“value enhancement”
Product Optimization
The process of continuously improving a product's performance, usability, and value through data-driven decisions and iterative enhancements.
Lean Management
A methodology that focuses on minimizing waste and maximizing value in business processes.
IKEA Effect
The tendency for people to value products more highly if they have put effort into assembling them.
Endowment Effect
A cognitive bias where people ascribe more value to things merely because they own them.
WSJF
Weighted Shortest Job First (WSJF) is a prioritization method used in agile and lean methodologies to maximize value by comparing the cost of delay to the duration of tasks.
Bundling Bias
A cognitive bias where individuals evaluate the value of bundled items differently than they would if the items were evaluated separately.
Design Advocacy
The practice of promoting and defending the value of design within an organization or community.
TTV
Time to Value (TTV) is a metric that measures the time it takes for a customer to realize the value of a product or service after purchase.