servicesare intangible whereas phroducts are tangible
Determinant attributes are the characteristics that are important to your customers, yet distinguish your products or services from competing products or services."
Determinant attributes are the characteristics that are important to your customers, yet distinguish your products or services from competing products or services."
Though both have want satisfying power, products are tangible in nature whereas services are intangible.
marketing is : selling products that don't come back to people that do :)
how can you distinguish between them
A unique product. Your selection of products. Your location. Your facility. Your services. Your warranty or guarantee. Your price.
swot analysis
Products and Services
product is tangible and service is intangible.
retailing is selling the products and services from one particular point and marketing is creating the demand for the products and services and then selling them in the market.
• Potential growth is the change in the ability of the economy to produce goods and services.•Actual growth is a rise in the quantity of goods and services produced
distinguish between book keeping and accounting