•Service: intangible task that satisfies consumer or business user needs
•Goods-services continuum: device that helps marketers to visualize the differences and similarities between goods and services
A product's position on the continuum, in turn, enables marketers to spot opportunities.
Continuous flow
Continuous flow
product and service in your life cycle
A service organization's end product is a service. A manufacturing organization's end product is a product.
product
Yes, you can make payments for this product/service.
SERVICE.....
Product quality is the way a product performs. While service quality is how well an experience was when shopping for, buying, using a product or service.
NO! A product is different from service. An example of product is Milk, Mobile phone, TV, Car, etc. An example of service is insurance, medical care (but medicine is product), etc. The government marks use for service is SM, which stands for service mark, while for product it is TM, which stands for Trademark.
The Continuum happened in 2008.
product is tangible and service is intangible.