added value

Worth beyond cost

Added value is worth created beyond the basic cost of inputs—the difference between what goes in and what comes out.

In business, it describes what a company contributes through manufacturing, service, or expertise: The consultant's added value was her industry connections.

Marketing uses the term for extra features that justify premium pricing: The warranty provides added value.

benefit

advantage

Favorable position or circumstance

bonus · perk · merit · upside · enhancement · improvement · gain · plus · extra · differentiation

enhancement

upgrade

Raise to higher standard

optimization · boost · improvement · amplification · elevation · customization · personalization · innovation · fortification · strengthening

profit

margin

Edge of a page

revenue · earnings · monetization · profitability · income · surplus · capitalization · investment return · financial gain · bottom line

premium

luxury

Expensive nonessential comfort

artisanal · handcrafted · bespoke · boutique · gourmet · designer · curated · quality · craftsmanship · superior

Categories
Opposites
value contribution

added valuelost value

depreciation · devaluation · worthlessness · base price · no frills

pricing/cost structure

added valuebase price

Cost before modifications

bare bones · no frills · wholesale price · cost price · at cost

cost-benefit relationship

added valueoverhead

Located directly above

bloat · waste · inefficiency · hidden fees · price inflation

Family

add, added, adding, adds, addition, additional, additionally, additive, value

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Positive · Rated G