Could someone please tell me the meaning of this sentence?

Value establishment can be defined as the offer of benefits of equal or superior value to the sacrifices incurred by the purchaser for a product and/or service.

  • I've fixed two typos (establishment, incurred). Is there some specific part of the sentence that you fail to understand? – CowperKettle Dec 31 '18 at 15:25
  • Yeah my bad, but I really need to know the meaning of the sentence, I mean if u know it wouldnt hurt u to explain it 😑 – s_slm Dec 31 '18 at 15:43
  • In addition to the "Details, please" meta post, please also read Why you should cite your source. And please don't use SMS words like "plz" or "u" on ELL. – J.R. Dec 31 '18 at 19:30

"Value establishment means that the seller gives the buyer something worth at least as much money as the buyer paid."

Some definitions:

benefit--the good things the buyer gets out of the deal


sacrifices incurred--what the buyer has to give up to get what he wants, mostly money given to the seller

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