Customers Quote by Ron Kaufman
“Customers pay a price, but they remember the value.”
About This Quote
Source Business Book: The Service Profit Chain, 1994
Customers focus on perceived value more than price, influencing loyalty and satisfaction.
In simple terms: Customers remember value over price.
Deliver lasting value to retain customers.
Themes
Mood
Type
When to use this quote
- product launch
- pricing strategy
- customer service
- marketing campaign
Key Concepts
Questions to Reflect On
- How can you measure perceived value?
- What adds value beyond price?
Value perception can be subjective and vary by market.