Refers to the act or process by which tangible product features or intangible service attributes are bundled, combined or packaged with other features and attributes

Refers to the act or process by which tangible product features or intangible service attributes are bundled, combined or packaged with other features and attributesRefers to the act or process by which tangible product features or intangible service attributes are bundled, combined or packaged with other features and attributes
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In product development, value-added  refers to the act or process by which tangible product features or intangible  service attributes are bundled, combined or packaged with other features and  attributes to create a competitive advantage, reposition a product or  increase sales. By adding value to a product or service, businesses can  differentiate their offerings from competitors and attract new customers.  Standard value-added features include extended warranties, customer loyalty  programs and additional services such as installation or delivery. As a  result, businesses can develop a substantial competitive advantage and boost  their bottom line by carefully considering which value-added features will  benefit their target market.

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In product development, value-added  refers to the act or process by which tangible product features or intangible  service attributes are bundled, combined or packaged with other features and  attributes to create a competitive advantage, reposition a product or  increase sales. By adding value to a product or service, businesses can  differentiate their offerings from competitors and attract new customers.  Standard value-added features include extended warranties, customer loyalty  programs and additional services such as installation or delivery. As a  result, businesses can develop a substantial competitive advantage and boost  their bottom line by carefully considering which value-added features will  benefit their target market.

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Join 70+ companies accelerating their product development with Innovolo
Farm+Stable is a client of Innovolo, a product development as a service provider offering R&D teams globally extra capacity, capability, and momentum in their product development and obsolescence management projects. As a company that specializes in the development and engineering of products for the agriculture and construction industries, Farm+Stable has benefited from Innovolo's expertise in helping to bring new products to market quickly and efficiently. In particular, Farm+Stable has been able to rely on Innovolo's team of experienced engineers to help with the design and development of a new line of products that are designed to be more durable and longer-lasting than previous models. With Innovolo's help, Farm+Stable has been able to bring these new products to market in a timely manner, and they have been well-received by customers. Thanks to Innovolo's innovative product development solutions, Farm+Stable has been able to stay ahead of the competition and continue to grow their business.
Innovolo is a product development as a service provider. It offers R&D teams globally extra capacity, capability, and momentum in their product development and obsolescence management projects. Its services are used by clients in a variety of industries, including automotive, aerospace, consumer electronics, and medical devices. One of its clients is Kawneer, a leading manufacturer of aluminum products for the architectural and construction industries. Kawneer has been using Innovolo's services to help develop new products and to manage the obsolescence of its existing products. Thanks to Innovolo, Kawneer has been able to speed up its product development cycle and to reduce its costs. As a result, Kawneer has been able to bring new products to market faster and to better meet the needs of its customers.

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