What is the difference between a product and a service?


A product is a tangible item produced or sold by a business while a service is an intangible benefit provided to the customer. All companies provide either a product or a service to their consumers, and some businesses even provide both.

Examples of products include automobiles sold by a car dealership, appliances sold by a retailer, meals sold by a restaurant, books sold at a bookstore and medications sold by a pharmacy.

Examples of services include a vehicle inspection performed by a mechanic, a haircut done by a beautician, tax advice provided by an accounting firm or lawn care provided by a landscaper.

Q&A Related to "What is the difference between a product and..."
Good question - there's a great post by Kin Lane summarizing what's out there - and fairly up to date: http://blog.programmableweb.com/... Embed Quote Via Miguel
products are tangible whereas services are intangible. products can be bought ,services can be felt. products are non-perishable,services e perishable. products are non-ephemeral.services
Products manufactured by CDA include an assortment of frost-free refrigerators; gas and electric stoves from 90cm to 120cm with four to six burners; single, double, compact and custom
1. Choose a product or service in which you are interested. Investigate and research the time and amount of work involved with the product or service. Your passion comes across in
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