Value Triangle is a sales and marketing model that tries to explain the relationship between three core values in regards to the product or service. These values are cost, time, and quality and they are considered to be three main values that a customer cares about when choosing a product.
According to the concept of value triangle, going for one particular value, the other two might end up being compromised.
Aligning these three values should result in meeting the expectations of every consumer, but it is just a concept and as everyone knows there is no way to meet consumer’s expectations at 100%.
Glossary terms starting with the same letterv
Voice Marketing Automation (VMA)
Voice Marketing Automation (VMA) is a process focused on optimizing sales process by automating and analyzing phone conversation. VMA is used to...
Voicemail Drop (Voicemail Automation) is a technology which helps automate and enhance the process of leaving voicemail messages. Voicemail Drop...
VoIP( Voice over Internet Protocol) is a system that enables the transmission of voice and other multimedia via Internet Protocol networks. Solu...
Value Proposition is the message that proposes a certain value or benefit that an offer should deliver. Also, Value Proposition is used in regar...
Value Statement is a declaration of a firm addressed to its customers and employees that informs them about the particular firm’s core values an...
Vertical Market refers to a group of companies that serve, through their services, a really narrow niche. Companies serving a vertical market fo...
Vice President (VP)
Vice President, VP or Executive Vice President refers to the role of a senior executive in a specific company. The role of Vice President and hi...