How Expensive Is Your Product Perceived to Be?

Knowledge Type: 
Published:  Sun, 31/08/2008

How expensive consumers perceive your product to be – a measure we call "Expensiveness" – is a proven diagnostic for evaluating price and a qualified forecasting input. If you’re not already measuring it, you should be. This POV offers solid evidence that Expensiveness is a better indicator of price than Value for the Money – and can even be used as a model input for forecasting.

© 2011 Ipsos