perception of value

USAGE SUMMARY

The phrase "perception of value" is correct and usable in written English.
It can be used when discussing how individuals or groups interpret or assess the worth of something, whether it be a product, service, or idea. Example: "The perception of value can significantly influence consumer behavior and purchasing decisions."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

41 human-written examples

But perception of value often depends on expectations.

The New York Times

"It's to give the customers the perception of value," Ms. Sheraton said.

The New York Times

And that places a perception of value on what I've created.

The New Yorker

Praise should be "in the moment, in context, appropriate, authentic and tied to the employee's perception of value", she argues.

The Guardian

"But even if there wasn't usage of the DVDs, there was a perception of value".

The New York Times - Tech

Her central claim is that emotions like love and grief, far from irrational distractions, are "intelligent responses to the perception of value".

The New York Times - Books

Human-verified similar examples from authoritative sources

Similar Expressions

18 human-written examples

But before too long, perceptions of value fall back in line with reality.

The New York Times

The BrandIndex scores for cable and broadcast networks measure people's overall impressions, satisfaction and perceptions of value and quality.

The New York Times

Instead, other factors, like tight margins for farmers and perceptions of value, play a much bigger role.

The New York Times

Working with better representations of monetary economies should help cast further light on the aggregate and sectoral distortions that arise in the real economy when credit creation becomes unanchored, poorly pinned down by loose perceptions of value and risks.

The Economist

While "there is no consensus on the definition," according to Mr Borio, it can be understood as a sequence of "self-reinforcing interactions between perceptions of value and risk...which translate into booms followed by busts".

The Economist

Expert writing Tips

Best practice

When discussing consumer behavior or marketing, use "perception of value" to emphasize how customers interpret the benefits they receive from a product or service relative to its cost. Understanding this perception is crucial for pricing strategies and product positioning.

Common error

Avoid using "perception of value" when you actually mean intrinsic value. "Perception of value" refers to how something is viewed, while intrinsic value is its inherent worth, regardless of opinion. Accurately differentiate these to avoid misrepresenting the true worth of a product or service.

Linguistic Context

The phrase "perception of value" functions as a noun phrase, typically serving as the subject or object of a sentence. It describes a subjective assessment or understanding of worth, as highlighted by Ludwig's examples demonstrating its use in discussions about consumer behavior, economics, and personal judgment.

Expression frequency: Very common

Frequent in

News & Media

40%

Science

35%

Formal & Business

25%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "perception of value" is a common and grammatically sound term that describes how individuals or groups interpret the worth of something. As Ludwig AI confirms, it's widely used across diverse fields, including news, science, and business. Recognizing the nuances of "perception of value", as opposed to intrinsic value, is crucial for effective communication. To enhance your writing, use this phrase when you want to emphasize the subjective assessment of worth, and consider the related phrases for nuanced expression. By understanding the contexts and potential pitfalls, you can effectively incorporate "perception of value" into your vocabulary.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Value judgment

Focuses more on the act of assessing or estimating value.

Appreciation of worth

Emphasizes the positive recognition and understanding of something's value.

Sense of value

Highlights an intuitive or felt understanding of value.

Understanding of worth

Focuses on the cognitive aspect of comprehending value.

Assessment of value

Highlights a formal evaluation or estimation process.

Value discernment

Implies a refined ability to distinguish true value.

Estimation of worth

Focuses on quantifying or approximating value.

Worth recognition

Emphasizes acknowledging and accepting something's value.

Value assignment

Highlights the act of attributing a specific value.

View of value

Highlights a specific or personal way of regarding the value of something.

FAQs

How can I use "perception of value" in a sentence?

You can use "perception of value" to discuss how customers view a product's worth relative to its price, or how investors assess a company's potential. For example, "The marketing campaign aimed to enhance the consumer's "perception of value" by highlighting the product's unique benefits."

What's the difference between "perception of value" and "intrinsic value"?

"Perception of value" refers to how someone views the worth of something, which can be subjective. "Intrinsic value", on the other hand, is the actual, inherent worth of something, regardless of individual opinions. Confusing these terms can lead to misunderstandings about true worth versus perceived worth.

What are some synonyms for "perception of value"?

Alternatives include "value judgment", "appreciation of worth", or "sense of value", depending on the specific context. Each alternative emphasizes a slightly different aspect of how worth is understood or assessed.

How does price influence "perception of value"?

Price heavily influences the "perception of value". A higher price can sometimes signal higher quality, increasing perceived value, while a lower price might suggest the opposite. However, perceived value is also influenced by factors beyond price, such as brand reputation and marketing.