Question

what are the key difference between product and service based business ​

Answer 1

Answer:

As the names imply, a product-based business sells actual physical things, such as clothing or boxes, while a service-based business sells a service that consumers need, such as plumbing or consulting.

Answer 2

Answer:

product based companies already had a product within they sell to a wide range of customers or clients.

while

Service based companies sells the consumers need.