ValueAdd
ValueAdd is a term used in business and economics to describe the practice of increasing the value of a product or service through added features, services, or capabilities that customers perceive as worth more than the base offering. It can refer to a concept, a methodology, or even a brand name.
In economics, value added is the net output of a sector after input purchases from other firms.
In business strategy, value-add activities differentiate offerings and can justify higher pricing. Examples include enhanced design,
In private equity and corporate management, the term value-add describes active strategies aimed at increasing portfolio
Notes: ValueAdd can also appear as a brand or product line name and may have trademark considerations