Differences Between Products and Services

The main differences between products and services are as follows:

1. Products are tangible and services are intangible.

2. Products can be stored and services cannot be stored(perishable).

3. Services are variable for different consumers, products are not.

4. Services are inseparable from the service providers.

These differences are discussed in this video.

Source:

Services Marketing.

By,

Christopher Lovelock.


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