Service Based Business Vs Product Business. Developing and selling a physical product takes time, money and. Service marketing can be either business to business(b2b) or business to consumer(b2c).
Product firms create their products or application in advance. Most software service companies have a hard time “productizing” their business and creating software they can resell. (see more service catalog best practices below.) defining a business service catalog.
For example, when a consumer types of customers customers play a significant role in any business.
The exception is when electronic files are actually transferred to the buyer and hosted locally rather than kept and served out by the publisher. Service businesses sell intangibles, or the results of a performed action, whereas product businesses purchase and sell physical inventory. This takes a different strategic approach… Lawn care services is one of the home improvement service based business that an entrepreneur who is interested in making money should consider starting.