Question

difference between product hybrid service business​

Answer 1

Answer:

The combination of a product and a service is a product-service hybrid. For example, the iPod and iTunes were a famous example of this approach. ... This hybrid approach meant that Apple would be able to treat them as separate components of a product-service hybrid and manage them individually.The further removed you are from a service, the less effective it will become. ... So the better way of defining a product versus a service is that you're looking to create something for which you can eventually be hands-off and it will still work.