What is product business and service business?
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Product vs Service Business
The distinction between the two is that the product business sells a physical, tangible product, while the service business owner sells his skills as the primary product
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In marketing, a product is an object or system made available for consumer use; it is anything that can be offered to a market to satisfy the desire or need of a customer.
Business services are a recognisable subset of economic services, and share their characteristics. The essential difference is that businesses are concerned about the building of service systems in order to deliver value to their customers and to act in the roles of service provider and service consumer.
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