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Product Based companies generally make and sell their products. For example, Coca cola, Pepsi, Colgate. They manufacture the products in the plants, market and sell them with profit to the customers.

Services based companies sell their services to the clients. Any company providing services to commercial entities/businesses or consumers, e.g. consulting, engineering, medical, recreational, therapeutic, financial, etc.

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12y ago
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13y ago

A Product based company is one that develops a product with reference to the market and its customer needs and then sells in the market. A Services based company is the one that provides its services to the client for completing his requirements.

Product Based company only deals with Product's.

Ravi,

CEO,

SineLogix, Bangalore

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Q: What is the difference between project based company and product based company?
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