value-added

Vocabulary Word

Definition

'Value-added' is a term which means adding extra features, improvements, or benefits to a product or service, making it more desirable or valuable to the user.

Examples in Different Contexts

In tech, 'value-added' can mean extra software features. A tech CEO might state, 'We include advanced security features as a value-added service with our software.'

Practice Scenarios

Tech

Scenario:

The new software upgrade needs to offer more than just a refreshed look. We have to ensure that it includes significant improvements and potentially new features.

Response:

What if we introduce a value-added feature of data encryption to assure user privacy in our software upgrade.

Creative

Scenario:

Our upcoming marketing campaign needs to stand out visually. Let's think about what elements we could incorporate that would make a bold impression.

Response:

Incorporating interactive animations could be a value-added aspect presenting our campaign in a different light.