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      How we can help

      Elements of Value®

      Elements of Value® is a five-level, 40-element framework that delineates the objective and subjective criteria that determine what really motivates customers to buy.     

      Elements of Value®
      • Overview
      • Qué esperar
      • Impact
      • Client Results
      • Insights
      • Our Team

      How can you avoid the commoditization trap? Understanding what your customers truly value helps you differentiate your offering, grow, gain share, and command premium prices.  Although value ultimately lies in the eye of the beholder, that doesn’t mean the value is unknowable. Universal building blocks of value exist, and leading B2B and B2C businesses are built on them. The Elements of Value framework helps you pinpoint what matters most to your customers so you know where to focus your product or service strategy. 

      Based on more than 30 years of research, we’ve identified dozens of distinct elements of value and quantified their linkages to growth, customer loyalty, market share, pricing and revenue. This empirical approach has helped countless clients make decisions, grow revenue, and boost their NPS® scores. 

      Qué esperar

      Qué esperar

      Product differentiation

      Invest in the product attributes that matter most to your customers

      Revenue growth

      Combine multiple Elements of Value to create highly desirable products and services that command a premium

      Innovation

      Investment in the new features and attributes that delight customers 

      Advocacy

      Earn your customers' trust and loyalty by demonstrating that you truly understand what they value most

      Bain partners Jamie Cleghorn and Eric Almquist explain why it's so hard to win on price and performance alone, and how Elements of Value can give B2B companies a new competitive edge

      As consumers' preferences and behaviors change it can become difficult to understand precisely what motivates their buying decisions. Elements of Value provides a robust, deeply researched framework that helps you assess the many objective and subjective criteria that influence consumers' choices. That clear-eyed understanding enables you to invest in the features, innovations and other attributes that make your product or service speak to what consumers really value.

      Our Impact

      Our Impact

      3.5X

      Gain in NPS® when a company has 4+ elements rated highly by customers, versus only 1

      Client Results

      Client Results

      How a Consumer Products Maker Responded to a New Competitor

      When a leading appliance maker with a strong position in a key product category suddenly began losing market share to two new entrants, it struggled to understand the cause. Working with Bain, the company applied our Elements of Value® framework and soon developed an effective response.

      LEARN MORE

      Insights

      Elements of Value®
      The Power of Delivering Elements of Value® in Consumer Products
      Brands can thrive by defining, measuring and improving the elements of their value proposition.
      Brief
      Elements of Value®
      Three Elements of Value® for Consumers Take Precedence During a Pandemic
      Companies’ response to the coronavirus needs to deliver these three values.
      Snap Chart
      Elements of Value®
      Eric Almquist: The Elements of Value for B2B Companies
      B2B companies can use the elements of value as a compass when deciding where to add value to their propositions.
      Video
      NPS Prism®
      After Years of Customer Loyalty Programs in Insurance, What Works, and What’s Next?
      Based on Bain’s 10 years of research, five themes describe the progress and challenges of earning customers’ advocacy in an increasingly digital experience.
      Brief
      See more

      Featured Team Members

      Headshot of Lori Sherer

      Lori Sherer Advisory Partner San Francisco

      Headshot of Jamie Cleghorn

      Jamie Cleghorn Partner Chicago

      Headshot of Andreas Dullweber

      Andreas Dullweber Partner Munich

      Headshot of Andy Pierce

      Andy Pierce Partner Chicago

      Headshot of Laura Beaudin

      Laura Beaudin Partner San Francisco

      Headshot of Brian Dennehy

      Brian Dennehy Partner Seattle

      See more

      Ready to talk?

      We work with ambitious leaders who want to define the future, not hide from it. Together, we achieve extraordinary outcomes.

      Net Promoter®, NPS®, NPS Prism®, and the NPS-related emoticons are registered trademarks and Net Promoter Score℠ and Net Promoter System℠ are service marks of Bain & Company, Inc., Satmetrix Systems, Inc., and Fred Reichheld. Elements of Value® is a registered trademark of Bain & Company, Inc.

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