What Are Products and Services? Definition and Tips (2024) - Shopify
Briefly

Products are digital or tangible items sold to fulfill customer needs. Services are intangible offerings like activities. Businesses can be product-focused, service-focused, or a mix.
Product-focused businesses invest in research, development, and supply chain to stay competitive. Gloria Hang's bike helmet company, Thousand, prioritized design principles to differentiate its product in the market.
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