product value

USAGE SUMMARY

The phrase "product value" is correct and usable in written English.
It can be used when discussing the worth or importance of a product in a business or marketing context. Example: "The product value is determined by its quality, features, and market demand."

✓ Grammatically correct

Science

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

54 human-written examples

It led the nation in total factory workers, number of factories, capital valuation, and product value.

Encyclopedia Britannica

This gives a time-bandwidth product value of about 10.

Nanoscale Research Letters

This will lead to diminishment in the product value.

EURASIP Journal on Wireless Communications and Networking

Fig. 6 Example for quantization of product value.

EURASIP Journal on Embedded Systems

To increase product value and consumer satisfaction customization has become a major aspect in product development.

Procedia Engineering

Therefore, it enhances product value and avoids whole product replacement, thereby realizing a sustainable society.

Procedia CIRP

Thus, acetone was completely substituted for acetoin, and both mass yield and product value were improved.

Metabolic Engineering

Human-verified similar examples from authoritative sources

Similar Expressions

4 human-written examples

First, let's define our product: value-added capital.

TechCrunch

To understand the effects of silvicultural treatments on tree and product modulus of elasticity (MOE), an intensive study along the stand-tree-product value chain was conducted.

New Zealand Journal of Forestry Science

Executing a loyalty program whereby shoppers receive a reward after their 5th purchase in a month (or getting them to buy the 10-product value pack) would be unrealistic.

Huffington Post

One effect might be more interaction across the product-value chain.

Life Sciences, Society and Policy

Expert writing Tips

Best practice

When discussing "product value", clearly define what aspects contribute to that value, such as features, benefits, or cost savings.

Common error

Avoid exaggerating the "product value" without providing concrete evidence or data to support your claims. Always provide quantifiable benefits or comparative data to demonstrate worth.

Linguistic Context

The phrase "product value" functions primarily as a noun phrase, acting as a subject or object within a sentence. It refers to the perceived worth, benefit, or merit of a product, whether tangible or intangible. Ludwig examples illustrate its use in diverse contexts, from manufacturing to consumer satisfaction.

Expression frequency: Very common

Frequent in

Science

67%

News & Media

16%

Formal & Business

8%

Less common in

Encyclopedias

1%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "product value" is a common and grammatically correct term used to describe the worth or benefit a product provides, as affirmed by Ludwig. Predominantly found in scientific, news and business contexts, its meaning is shaped by aspects like features, benefits, and cost savings. To enrich your writing, consider alternatives such as "item worth" or "offering's value". When using "product value", support your claims with concrete evidence and data. In summary, understanding and effectively communicating "product value" is crucial for success in product development and marketing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

item worth

Focuses on the monetary or perceived worth of the item itself, rather than its broad implications.

goods value

Similar to item worth, but emphasizes tangible goods rather than intangible products or services.

service worth

Specifically relates to the value of a service, as opposed to a tangible product.

offering's value

Emphasizes the value derived from a specific offering, whether product or service.

deliverable's value

Specifically focuses on the value that the deliverable, output is bringing

economic merit

Highlights the economic advantages or benefits associated with a product.

commercial appeal

Refers to the attractiveness of a product in terms of its potential for sales and profit.

market desirability

Emphasizes the extent to which a product is wanted or needed by consumers in the market.

intrinsic worth

Focuses on the inherent or essential value of a product, independent of external factors.

benefit to cost ratio

Specifically emphasizes that the advantages that the product brings need to be higher than the costs

FAQs

How can I describe the "product value" in a marketing context?

When describing "product value", highlight key benefits and features, and show how it fulfills customer needs. For alternatives, consider using phrases like "item worth" or "offering's value".

What is the difference between "product value" and "brand value"?

"Product value" focuses on the benefits a product offers to the customer, while "brand value" represents the overall perception and reputation of the company. The "brand value" can influence the perceived product value.

How to measure "product value"?

Measuring "product value" may involve assessing customer satisfaction, conducting cost-benefit analyses, and comparing the product to competitors. Understanding customer willingness to pay is also a factor.

In what context is it more appropriate to use "deliverable's value" instead of "product value"?

Use "deliverable's value" when referring to the value of a specific output or result, particularly in project management or consulting. "Product value" is better suited for tangible goods or services sold commercially.