Difference between revisions of "Willingness to pay"

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m (Protected "Willingness to pay" ([edit=sysop] (indefinite) [move=sysop] (indefinite)))
m (Removed protection from "Willingness to pay")
 
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Latest revision as of 12:03, 10 January 2013

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).