Willingness to pay
Revision as of 16:10, 30 July 2012 by Clement Chatelet (talk | contribs) (Created page with "The '''willingness to pay''' (or '''WTP''') represents the price a customer is willing to pay for your product/service. It depends on competitors’ prices and customer perceive...")
The willingness to pay (or WTP) represents the price a customer is willing to pay for your product/service.
It depends on competitors’ prices and customer perceived value versus competition (which can vary from customer to customer).