A product is a tangible item that is placed in the market for acquisition, attention, or consumption, while a service is an intangible item, which is derived from the output of one or more individuals. Although it seems that the main difference between the two concepts is based on their clarity, this is not always the case. In most cases services are intangible, but products are not always tangible One thing to remember is that products and services are closely aligned. In fact, most products carry with them an element of service.
For example, when a consumer buys a car, the product comes with many other service responsibilities, such as tune-up and maintenance. Products are objects that are manufactured, stored, transported, advertised, and then sold. While goods may be tangible or intangible, services are intangible Differences between goods and services are based on a variety of factors, including tangibles, perishability, variability, and differentiation.
MKPLCBD offers automation products and solutions with high performance and reliability, including drives, motion control systems, industrial control and communication, power quality improvement, human-machine interface, sensors, communication cables, and others. We also provide information monitoring and management systems such as SCADA and Industrial EMS for complete, smart manufacturing solutions.