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What is the difference between Service vs Product vs Platform business?
 
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Learn how to start an online business at https://grumo.com/teach This lecture belongs to a very comprehensive course titled “How To Launch A Profitable Lifestyle Online Business” created by Miguel Hernandez, Founder of Grumo Media and top Udemy instructor. My goal in this course is to provide you with a solid understanding of how to start your own online business by sharing all the tricks, tools, and advice I’ve collected over the years. If you are already running an online business I think you will love to have an insight into the systems I’ve developed, get some ideas, and apply them to help your own business. This is the course I wish existed 10 years ago when I decided I wanted to make a living online! If you enjoy it please make sure to share it, comment, and like it so other people can benefit from it. Thanks! Peace - Love - Cookies ;) Miguel Hernandez - To start watching from the first lecture click here: https://www.youtube.com/watch?v=qdVZ4iJhf7E&list=PLmhvF32paitL-j8TkY4L_pDk64OClci0b&index=1 To watch all the videos on this playlist click here: https://www.youtube.com/playlist?list=PLmhvF32paitL-j8TkY4L_pDk64OClci0b - For more online courses by Miguel Hernandez visit: http://grumoschool.com/ - Subscribe to this channel here: https://www.youtube.com/user/grumomedia?sub_confirmation=1
Views: 5514 grumomedia
Services Startups vs Product Startups
 
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A Skookum Denver Tech Talk with our Chief Strategy Officer Josh Oakhurst about the difference between a product startup and a services startup. In this talk Josh discusses: - The Startup Industrial Complex - The pitfalls of the Tech-faux-tainment press - Bootstrapping and Pros/Cons of a Services Startup versus Product Startup - The history of Skookum from services startup to full blown technology services provider. You can find more about Josh at https://twitter.com/joshoakhurst or https://www.linkedin.com/in/oakhurst. Find out about future events in (Charlotte, NC & Denver, Co) here: http://skookum.com/events
Views: 1993 Skookum
Differences Between Products and Services
 
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The main differences between products and services are as follows: 1. Products are tangible and services are intangible. 2. Products can be stored and services cannot be stored(perishable). 3. Services are variable for different consumers, products are not. 4. Services are inseparable from the service providers. These differences are discussed in this video. Source: Services Marketing. By, Christopher Lovelock.
Views: 5021 FST Study
Difference between Product and Service based company (in Hindi) | IndiaUIUX
 
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Product vs Services. Difference between Product and Service based company. Differences between Product and services. The Difference between Product and Service based company, Product based, Services based, Salary, what is the difference between Product based and Service based company, product company vs service company salary, examples of product based and service based companies, service based companies example, product based company means, service based companies in india About channel: Indiauiux is a Hindi Youtube Channel where you will find all information, tutorials, knowledge, tips, and trends about User Interface and User Experience Design in Hindi FACEBOOK LINK: https://www.facebook.com/indiauiux/ TWITTER LINK: https://twitter.com/indiauiux
Views: 11355 IndiaUIUX
Starting a Business - Product vs Service Based Business Models
 
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Starting a business - the difference between a service based business model, and product based business model, which one is right for you. Pros and cons to each, and how to build an information product business from either one. Ryan Williams is a former Navy SEAL and experienced entreprenuer, based in San Diego, CA www.IndustryThreadworks.com
Views: 5040 invictus5326
The Difference Between Goods & Services
 
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Help us learn more about your experience by completing this short survey: https://www.surveymonkey.com/r/RRKS8LZ Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 Products consist of anything that provides value to consumers. Within the broad category of products,​ we place company offerings into two categories: goods and services. While goods present physical offerings, services share a different set of characteristics. In this video lecture, I discuss the difference between goods and services and also discuss the important characteristics of services.
Goods & Services.mov
 
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Whiteboard handwritten Goods & Services.mov was created for "Change Labs"
Views: 61903 dotpixelhandwritten
Why product companies pay more? Product vs service based company
 
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Why product companies pay more? Product vs service based company ----------------------------------------- Book FREE Mock Interview / Consultation - https://careerswami.in/book-now/ Subscribe - https://www.youtube.com/c/careerswami?sub_confirmation=1 Topics covered * What is a Product based company? * What is a Service based company? * Why do Product companies pay higher? * Product based vs Service based * Which one to choose? * FREE Giveaway for engineering students Series - Is it worth joining? ***************************** Wipro - https://youtu.be/wGdtA38-3YU Infosys - https://youtu.be/whmQxynp-S0 TCS - https://youtu.be/Jz8roc-G2g0 Accenture Part 1 - https://youtu.be/U7mfo7Sj07Q Accenture Part 2 - https://youtu.be/HmBtlY-gQm8 Cognizant - https://youtu.be/wRQK28ssgx4 IBM - https://youtu.be/7ly5irNd_rk Capgemini - https://youtu.be/MGuehquIp8g Oracle Part 1 - https://youtu.be/0Q-0sk7GhtU INTRODUCTION In the IT industry, there are two types of organizations at a very broad level. 1. Product Based Company 2. Service Based Company If you have to work in IT, you will have to choose between these two types of companies. Now which one to choose if you have a choice to make? What parameters we should consider while making a decision about accepting a job offer? Talking about, why does Product companies pay higher? There are many reasons why but We will explain you this via an example of two major companies from an output perspective. • TCS which is one of the biggest service based company • And Alphabet those who don’t know, is the parent company of Google TCS had revenues of around 19 billion USD last year and has whooping 400K employees. On the other hand, Alphabet which is a product based company had revenues of around 137 billion USD last year and has 99K employees. Let’s find out how much do these companies make per employee, we can derive this by dividing revenues by employees TCS has 47,500 USD revenues per employee whereas Alphabet has 1.4 million USD revenues per employee. Alphabet’s employee generates 30 times more revenues than TCS. So I hope you would have understood now why product based companies pay higher #CareerSwami #Product #Service --------------------------------------- Why product companies pay more? Product vs service based company
Views: 6523 Career Swami
Customer Service Vs. Customer Experience
 
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For detailed notes and links to resources mentioned in this video, visit http://patrickbetdavid.com/customer-service-vs-customer-experience Visit the official Valuetainment Store for gear: https://www.valuetainmentstore.com/ Customer service vs. customer experience; Do you know the difference? One of the best exercises for you to do is make a list of companies or businesses that you go back to over and over and over again, and ask yourself why. On the left, list five companies you return to again and again, and on the right write the reason for doing so. For instance, on the left write, "I go to this restaurant at least once a week" and on the right write, "I go there because _____________." The thing that goes into the blank is generally one of these six reasons. They will give you a lot of clues for your own business. #1: Fast - 0:38 #2: Quality - 0:49 #3: Cheap - 0:57 #4: Luxury - 1:10 #5: User Friendly - 1:23 #6: Customer Service - 1:38 Subscribe to the channel: http://www.youtube.com/valuetainment?... Valuetainment- The best channel for new, startup and established entrepreneurs. Schedule: New episodes every Tuesday and Thursday on a broad array of entrepreneurial topics.
Views: 681266 Valuetainment
Product VS Service
 
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Create a product and a digital asset by documenting your journey.
Views: 131 Peng Joon
When To Switch From a Service Business To a Product Business
 
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Got any questions? Ask me on Facebook: http://www.facebook.com/aleksander.vitkin Check out my free business training: http://www.vitkin.net Today, you are going to learn how you can build a new business based on what you have learnt from your clients. Vlad, who is very good at learning from his clients and developing new business models, is our guest today. You have to be good at the service that you deliver. Being good at something brings more confidence in you and once you are confident enough that you could invest some money in a similar business model, then you can go ahead and do it. The members in our mastermind Daily Business Hustle start with service businesses. That’s because they can work with many businesses and learn very valuable things from them. They can learn their business models from the inside out. You can learn how they run their businesses. Once you have a good stream of cash flow coming in from your service business, you have to invest right away. You cannot expect your business growth to be always positive. There are fluctuations in every business and your job as a business owner is to predict them. Investing money into something valuable for your business is the thing that can prevent your business from going down. You have to take advantage of the period when your business was on an upwards spiral of success. That is the time when you have to invest in your business or invest in another business. Right now, Vlad has a very good time in his service business and is investing more money into a second product business. His goal is to make his second business reach the 6 – figure mark. The product-as-a-service business model is gaining popularity as companies look to establish lucrative subscription-based product lines. Sometimes founders realize that they’re essentially solving the same problem over and over again for their customers and decide to capitalize on that demand by creating a product solution. Running a product business is more scalable than service business. There are a lot of things you need to take into consideration when running a service business like contracts, high quality clients. You have to hire the right people and have a really good project manager. Once you have a market that is big enough and you have a product that is scalable, then you can be a lot more successful than with your service business. You can learn successful and profitable business processes, if you are doing the delivery of product based company. Then, after you see what works and what does not, you can start your own product company. This is not stealing the business model. This is learning the market. If you play with the big boys, you get treated like a big boy. Product businesses are superior if you have the cash to play with and the willingness to take risks. As soon as you earn enough money from your business, you should dedicate it to invest in another business model. It’s possible to lose this money, but if you do it in a proper way and you can make the second business profitable as well. This second business will make you feel more secure and stay safe. There are always going to be fluctuations in your businesses and if something happens with one of your business, this won’t be a disaster, because you have a second business.
Views: 276 Business Mentor
Product Marketing Vs Service Marketing by Clara Carozza MAR3023
 
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This is the video blog assignment for MAR3023 for Professor Goodrich
Views: 3159 Clara Carozza
Service revenue growth vs. product revenue growth.
 
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http://www.tsia.com. Clip from Fall 2014 at TSW Service Transformations: In the opening keynote, TSIA CEO and lead author of B4B J.B. Wood uncovered the top revenue mistakes that tech companies are making in the B4B era and how you can reinvent your thinking to recapture growth. Here is one of his many insights.
Views: 585 TSIA
How To Build a Product Within a Service Company | Dan Martell
 
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Do you wish to build a product within a service company? In this video, I share some of my suggestions for how to do it right. Watch the video and also ready the summary below! This is me freestyle, without notes or prompter. + Join me on FB: http://FB.com/DanMartell + Connect w/ me live: http://periscope.tv/danmartell + Tweet me: http://twitter.com/danmartell + Instagram awesomeness: http://instagram.com/danmartell Are you an entrepreneur? Get free weekly video training here: http://www.danmartell.com/newsletter ===================== SUMMARY ===================== If you’re planning on building a product within a service company I have a few suggestions for you. Having done it myself, plus witnessed and help many others I’ve seen some best practices emerge. Here it is in a nutshell: Spin it out, keep it clean, take the money from the service company, invest it in the product company. Build a new team if possible (so you’re not pulling that team back in to other client work) and really allow it to thrive and grow. By all means, if there are opportunities to refer customers to the product, help them out, or give any other resources, etc. You want to do that because you have a vested interested in seeing it be successful. Watch the video to get the whole story :) If you're interested in learning more business strategies like this, be sure to subscribe to my newsletter: http://danmartell.com/newsletter ===================== ABOUT DAN MARTELL ===================== Dan Martell is an award-winning Canadian entrepreneur and founder of Clarity, a venture backed startup that makes it easy to connect with top business minds over the phone. He previously co-founded Flowtown, a San Francisco based social marketing product which raised funding, grew to over 50,000 small business customers and was eventually acquired by Demandforce in 2011. In 2012 he was named Canada's top angel investor having completed over 33 investments with companies like Udemy, Intercom and Unbounce. He believes "you can only keep what you give away" and is heavily involved in many charitable organizations & community events. Join 100,000 entrepreneurs who receive weekly business advice on my private newsletter: http://danmartell.com/newsletter
Views: 3419 Dan Martell
Product Based Companies & Service Based Companies- Key Differences
 
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Hi Friends, At first, Happy Friendship Day :) to all of you. Keep Loving & Supporting. This video is uploaded to provide information on Service Based Companies and Product Based Companies. we have tried to describe the key differences between the two. Please do click the LIKE button & comment in below comments section if you have any suggestions for us. Your suggestions are most valuable & we will try to improve based on those. SHARING is CARING & we know you guys also care for us so please share the video with your friends. I created this video with the YouTube Video Editor (http://www.youtube.com/editor) For any doubts email us on: [email protected]
Views: 23935 Knowledge Tiffin
Hull Founder Romain Dardour on Service vs. Product - Signal Tower
 
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Hull Founder Romain Dardour talks about the startup scene in Paris, and the lessons he learned shifting from a service company to a product company. http://signaltower.co/2013/09/24/hull-founder-romain-dardour-service-vs-product/ Signal Tower is a show focused on the intersection of entrepreneurship, design, and education. http://signaltower.co/
Views: 107 Sam Solomon
Product vs Service
 
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Advice for startups
Views: 22 ceowebgax
How to Sell Your Product or Service: Acquiring the Sales Mindset (Part 1 of 11) - Sales Training
 
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#howtosell #sellservice #salesmindset How to Sell Course on Sales Training - How to Sell Your Product or Service (Part 0 of 11) Sales Training Course. In this course, sales trainer and sales motivation expert Victor Antonio introduces you to a process to learn How to Sell. For more info go to Victor Antonio http://www.VictorAntonio.com In this video, Victor walks through the process of how to sell more products or services ---Get more Sales Training and Motivation Tips on Selling with Victor Antonio at http://www.SellingerGroup.com #howtosell #salestraining #salescourse Bio: Sales Motivation speaker, trainer and author Victor Antonio is proof that the American dream of success is alive and well. A poor upbringing from one of the roughest areas of Chicago didn't stop Victor from earning a B.S. Electrical Engineering, an MBA and building a 20 year career as a top sales executive and becoming CEO of a multimillion dollar high-tech company. Prior to being CEO he was President of Global Sales and Marketing for a $420M company. He was tasked with building a global sales force, establishing contract agreements, developing financial pricing models and in charge of developing the corporate brand and marketing the company's services for worldwide acceptance. Before that he was Vice President of International Sales in a Fortune 500 $3B corporation at the time. Within a two and half year time period he grew their business from $14M to $98M in annual revenue. During that time period his sales totals were $162M and was selected from over 500 sales managers to join the President's Advisory Council for excellence in sales and management. International: His success in sales and management also helped him establish channels internationally. He has conducted business in Europe, Asia, Saudi Arabia, Australia, Latin America, Middle East, United Arab Emirates and South Africa.
Views: 489954 Victor Antonio
Product and Service Design
 
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Provides introduction to product and service design. Includes, - design process from idea generation to actual production - legal, ethical & environmental issues - product life cycle - standardization - reliability - concurrent engineering - Kano model - service design
Views: 12134 Bharatendra Rai
Difference Between A Product And A Service
 
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In this video, I am talking about the difference between a product and a service. ✓ SUBSCRIBE TO MY YOUTUBE CHANNEL ✓ https://www.youtube.com/channel/UCsKs... —— ABOUT ME —— I am Vlad Kachur, Founder & CEO of Promolta.com. It is a self service advertising platform to promote videos in targeted blogs, websites, mobile apps, games, and social networks. We have been in business for 6 years, have 60,000 paying customers and $3,000,000 annual revenue. Sony, HP, Loreal, Volvo, Universal, Columbia Records, Ted Talk, Eminem, Akon, Rick Ross, Logan Paul, and many others have been promoted through our network. Follow my entrepreneurial journey on this channel and learn all things business! ——CONNECT WITH ME —— Promolta: https://www.promolta.com/ LinkedIn: https://www.linkedin.com/in/vladkachur Twitter: https://twitter.com/vladdoes YouTube: https://www.youtube.com/channel/UCsKs... ★★★ ADVERTISING INQUIRIES ★★★ We make 30 videos a month and would love to work with your company! Please email: [email protected]
Views: 12322 Vlad Kachur
Service Based Company vs Product Based Company. Which one suites you?
 
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There are a lot of people who complete their graduation and get into either are a product based company or a service based company. But for most of them it's a total mismatch. So here's my take on what suits a certain person and what doesn't. See if you can relate to this.
Views: 11774 Narayan Loke
Product vs Service based Business
 
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Today, we discuss Which is Better? Product or Service based Business and what are the ups and downs of each! Join the Dr. Family by subscribing: http://bit.ly/jayyoutube Connect with Me Online: Facebook: http://facebook.com/drjayfeldman Instagram: http:/instagram.com/drjayfeldman Product vs Service based Business #business #products #service
Views: 77 Doctor Jay
Product vs Service, in IT
 
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Interview with Nishanth Chandran, Executive Director, E Billing Solutions Pvt. Ltd, Chennai (www.ebs.in), August 27, 2009, 7.30 am (Nageswara Rao Park)
Views: 882 Murali D
How to market your product? Self-service vs sales.
 
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Judy Boniface (MailJet), Raffi Kamber (Alven capital Partners), Anthony Marnell (Trello), Alix de Sagazan (AB Tasty) & Amélie Faure (LaunchMetrics) discussed about the way to market your product at B2B Rocks held in Paris on June 1st, 2016. Don't miss our next event in Sydney, Australia on October 27th, 2016. More details: http://b2brocks.co/sydney/ Credits: VLAM Productions
Views: 298 B2B Rocks
How To Know What Product Or Service To Sell
 
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How do you know what product or service you should sell? Henry Ford has a quote that has many people confused about this. Watch this video to see Dan Lok debunk this quote and reveal the truth about how to know what product or service to sell. Enjoyed this video? Click here to discover how to choose your niche and target market: https://www.youtube.com/watch?v=SsoepKQzkuk&list=PLEmTTOfet46MqCUkqbbc3sCW8-2gEED5r&index=7 ★☆★BONUS FOR A LIMITED TIME★☆★ You can download Dan Lok's best-selling book F.U. Money for FREE: http://www.fumoneybook.com ★☆★ SUBSCRIBE TO DAN'S YOUTUBE CHANNEL NOW ★☆★ https://www.youtube.com/danlok?sub_confirmation=1 Check out these Top Trending Playlist: 1.) How to Sell High Ticket Products & Services: https://www.youtube.com/playlist?list=PLEmTTOfet46PlgDZSSo-gxM8ahZ9RtNQE 2.) The Art of High Ticket Sales - https://www.youtube.com/playlist?list=PLEmTTOfet46NufVkPfYhpUJAD1OBoQEEd 3.) Millionaire Mindset - https://www.youtube.com/playlist?list=PLEmTTOfet46O591glMGzRMoHaIJB-bQiq Dan Lok, a.k.a. The King of High-Ticket Sales is one of the highest-paid and most respected consultants in the luxury and “high-ticket” space. Dan is the creator of High-Ticket Millions Methodology™, the world's most advanced system for getting high-end clients and commanding high fees with no resistance. Dan works exclusively with coaches, consultants, thought leaders and other service professionals who want a more sustainable, leveraged lifestyle and business through High-Ticket programs and Equity Income. Dan is one of the rare keynote speakers and business consultants that actually owns a portfolio of highly profitable business ventures. Not only he is a two times TEDx opening speaker, he's also an international best-selling author of over 12 books and the host of Shoulders of Titans show. Dan's availability is extremely limited. As such, he's very selective and he is expensive (although it will be FAR less expensive than staying where you are). Many of his clients are seeing a positive return on their investments in days, not months. But if you think your business might benefit from one-on-one interaction with Dan, visit http://danlok.com ★☆★ WANT TO OWN DAN'S BOOKS? ★☆★ http://www.amazon.com/Dan-Lok/e/B002BLXW1K ★☆★ NEED SOLID ADVICE? ★☆★ Request a call with Dan: https://clarity.fm/danlok ★☆★ CONNECT WITH DAN ON SOCIAL MEDIA ★☆★ Blog: http://www.danlok.com/blog/ Podcast: http://www.shouldersoftitans.com/ Twitter: https://twitter.com/danthemanlok Instagram: https://www.instagram.com/danlok/ YouTube: https://www.youtube.com/danlok Linkedin: https://www.linkedin.com/in/danlok Amazon: http://www.amazon.com/Dan-Lok/e/B002BLXW1K Image credit to: Hulton Archive/Getty Images and http://gangsterreport.com/henry-fords-relationship-with-the-mafia-godfather-of-auto-industry-used-mob-muscle/ and https://geekinc.ca/business-process-management-and-henry-ford/ This video is about How To Know What Product Or Service To Sell https://youtu.be/5O2f4N-VX9c https://youtu.be/5O2f4N-VX9c
Views: 34485 Dan Lok
Product and Service Development
 
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Subscribe to CUSTOMER ACCELERATOR: http://www.smallbusinesselite.co.uk/customer-accelerator/ Video transcript: Have you ever watched Dragons Den on the television? Now what you have to remember is that the people who are on the panel are successful business owners and entrepreneurs in their own right so have seen it, done it, and have a good idea what makes a good product or service. That is why they are often amazed by some of the people who pitch on the show. How often do we see a pitch about a product or service for which there will never be a demand! And sadly, more often than not, these same people have invested everything they own to 'create' this product that will never find a buyer. It's as simple as this ... if you want to make money to have to sell your goods or services to other people, your target audience. But they can only be your target audience if your goods or services match their needs or wants. Every selling proposition moves a potential customer either closer to desire or further away from pain so your products or solutions have to be tailored to their needs or wants. You should be looking at your products or services and seeing have they fit in with what your clients want and not with what you want, or your family wants, or even what your employees want. Let's have a look at some examples to illustrate the point I'm trying to make .... 1. You're a self-employed plumber who insists that your customers pay cash and there's no paper work ... your customers actually want a receipt and written guarantee with the option to pay with a debit card 2. You're a self-employed plumber who doesn't take cash, provides a receipt for all of your work, and gives a guarantee ... your customers want the cheapest possible price and want to pay cash 3. You design a rain proof coat from a special material meaning that it is dry again within minutes no matter how wet it is. Comes with a hefty price tag ... your customers are happy with an inexpensive fold away coat These aren't particularly great examples but what I'm trying to do is illustrate the fact that you can't sell what your audience doesn't want or need. So in practical terms what do your products or services do to meet the needs or wants of your target market? Are there things you could add to your service that would increase the positive experience of your customer? Actions Take a look at the products or services you offer to your customers and check ... Are you providing the ideal service or product for your customers ... for example, if you sold wood flooring do you provide a delivery service? 1. Could you improve your customers experience ... for example if you sold wood flooring could you provide videos on your website or from the manufacturer on how to fit it correctly? Could you happily recommend tradesmen who would enhance or compliment your local brand to ensure it is fitted properly thereby giving them the floor they dreamed about? 2. If you do provide 'free' delivery do you offer a discount if they take it away themselves for customers who want the keenest prices? 3. Could you create sample packs of your flooring with a deposit (to encourage them to return to your business) so that they can go home with the samples and choose the exact colour or finish they wanted? 4. Take that one step further ... could you send someone to their house (by appointment) to show them a selected range and receive advice on which way the floor could be laid to reduce costs or achieve a better finish? Final Note Don't forget, as a local business owner, the greatest source of information for all of these types of questions are your current customers. As them what they thought of your service, your products etc. What would they have been willing t pay more for and what would did they not like paying for? Answering these questions will enable you to provide a range of products or services. Again, as an example using the flooring we were discussing earlier ... Product A - discounted price on your flooring, take it away today Product A - regular price with free delivery Product A - premium price with free delivery and free fitting by guaranteed tradesman It doesn't matter what you sell or do, every product or service can have various price points and packages. Take the time to look at your business if you are providing the goods or services your customers are looking for or are they going elsewhere, to your competitors because you don't meet their needs? Further Resources: Membership site: http://www.smallbusinesselite.co.uk Facebook: http://www.facebook.com/smallbusinesselite Google Plus: https://plus.google.com/u/0/b/109944232888714697316/
Views: 8341 Steve Brown
Should I Create A Product Based Or Service Based Business
 
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Go to http://www.GetFreeNow.com to take my 100% free course on how to achieve financial freedom and get paid for your purpose. In this episode of the Daily Jules, Jullien shares his thoughts on determining whether your business is a product or service-based business.
Views: 262 Jullien Gordon
Benefits vs. Features: The Crucial Key to Selling Your Product and Services - Dan Lok
 
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★☆★BONUS FOR A LIMITED TIME★☆★ You can download Dan Lok's best-selling book F.U. Money for FREE: http://benefitsvsfeatures.danlok.link ★☆★ SUBSCRIBE TO DAN'S YOUTUBE CHANNEL NOW ★☆★ https://www.youtube.com/user/vanentrepreneurgroup?sub_confirmation=1 Dan "The Man" Lok, a multi-millionaire and serial entrepreneur, and an international best-selling author. Dan is considered the world’s leading expert in internet marketing and is referred to by many as the “Millionaire Mentor.” In fact, if you Google “Dan Lok”, you’ll see his name is all over 1,000,000 web pages! (ONE MILLION) Companies under his leadership generate more than $18+ million in sales a year, and tens of millions of dollars in revenue in the last few years. Dan is one of the rare keynote speakers and business consultants that actually owns a portfolio of highly profitable business ventures. Visit http://danlok.com for his latest blogs, news, tips, podcast, and where to catch him LIVE! ★ Remember to Like, Share and Subscribe for more videos! ★ ★☆★ Subscribe to Dan Lok's Podcast ★☆★ Imagine standing on the shoulders of the titans of entrepreneurship – some of world’s most successful and influential individuals – and be able to listen in on their content-rich conversations. Subscribe to the World's #1 Business Podcast for Entrepreneurs and High Achievers: http://www.shouldersoftitans.com ★☆★Subscribe to our channel★☆★ https://www.youtube.com/user/vanentrepreneurgroup?sub_confirmation=1 ★☆★Share this video★☆★ https://youtu.be/KezfTa7YXsg ★☆★Watch more videos★☆★ https://www.youtube.com/user/vanentrepreneurgroup/playlists ★☆★Connect with Dan Lok★☆★ Dan's Official Website: http://www.danlok.com Facebook: https://www.facebook.com/danlokfan Twitter: https://twitter.com/danthemanlok Linkedin: https://www.linkedin.com/in/danlok Amazon: http://www.amazon.com/Dan-Lok/e/B002BLXW1K Keywords: internet millionaire, online millionaire, internet entrepreneur, become an entrepreneur, online business, entrepreneurship, Dan Lok, internet marketing, build a business, how to start your own business, successful young entrepreneurs, start a business, create a business, vancouver entrepreneurs, vancouver millionaire, financial freedom, financial success, motivation speech, motivational speaker, inspirational speeches, business success, dan the man lok, grow business, entrepreneur advice, entrepreneur motivation
Views: 37053 Dan Lok
Product vs service company, in terms of mindset
 
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Interview with Nagaraja Prakasam, Managing Director, India, CDC Software (http://www.cdcsoftware.com/), December 4, 2008, 3.30 pm
Views: 1825 Murali D
PRODUCT BASED ZOHO |FRESHWORKS| VS SERVICE BASED TCS|CTS| IN TAMIL BY INK JO
 
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Difference between product based and service based companies in world Ex zoho freshworks cts cognizant Infosys tcs PRODUCT BASED ZOHO |FRESHWORKS| VS SERVICE TCS|CTS|BASED IN TAMIL BY INK JO
Views: 1174 IthuNamma Karaikudi
Product management vs Project management vs SDLC | Comparison and Relationship
 
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We will look into the relationship and difference between product life cycle management, project life cycle management and SDLC (Software Development Life cycle management) with a simple example in this video. First we will try to define, life cycle phases and major focus of each of these. Product management: Product life cycle management is the process of managing the entire life cycle of a product from inception, through engineering design, and manufacture, to service and disposal of manufactured products. Generally Product life cycle management has the following phases. Idea generation Idea Screening Business Analysis Product Development Test Marketing Commercialization Evaluate and refine Major focus of product life cycle management is, the features and functionalities of the product that it offers to the customers. Now we will look into Project management. As per Project management institute (PMI), Project can be defined as a temporary endeavor undertaken to create a unique product, service, or result. the temporary indicates the project has a define start and end time. Project management can be defined as the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. As per PMI, project management has five process group or phases as follows. Initiating, Planning, Executing, Monitoring and Controlling Closing. The main focus of project management is, to ensure the deliverable are meeting the requirements. Let's move on to SDLC life cycle management. SDLC can be defined as a process for planning, developing, testing, and deploying an information system. SDLC management deals with this managing the process associated with SDLC to build the IT system. Generally it has following 5 phases and according to the selected methodology these phases may or may not overlap. Requirements gathering Design Development Testing, and Implementation Major focus of SDLC management is, to build the system according to the specifications. Let me connect the product, project, and SDLC life cycle with a simple example. Lets imagine a scenario where company XYZ wants to launch a new online web store that helps the merchants to sell their products online. As a first step The XYZ company will start with the initial process of product life cycle management, idea generation, idea screening and business analysis are been performed and business cases are produced to support the launch of the online store. Now the company will start a new project for developing and launching the site. At this stage, the first phase of the project Initiation will be kicked off and project charter, stake holder register will be created. At the time project planning phase, SDLC life cycle starts. Also during the project planning phase, Software Development Methodology (SDM) will be chosen to implement the SDLC process and the software development starts. Normally entire SDLC will be contained in planning, execution, monitor & control phases of project life cycle. I would like to mention one point here. we can't exactly define at what phases of project management life cycle, the SDLC process will fit in, as the SDLC process might or might not overlap based on the selected software development methodology. So here I made an assumption of water fall SDLC methodology is followed. System development and launching process will start either at the planning, or slightly before that, and go through the execution and finishes at the monitoring and control phase. At this stage, SDLC life cycle ends. Next phase of the project is the project closing phase where the required documents will be submitted and the project will get closed formally. Though the project is closed here, still the product life cycle continues here. Product evaluation and refining is a continuous process and the product will be evolved further based on the customers feed back or through some analysis. Lets say, the company wants to roll out a mobile version of the application to the market. At this point of time one more project will be started and will continue the same cycle as mentioned above. So in a nut shell, a product life cycle will have many project life cycles and SDLC will be a part of the project management life cycle.
Views: 5035 Kavin Kumar
Freelance Translator Tips #16: Service vs. Product
 
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My new course is out! Check it out at: https://www.udemy.com/how-to-be-a-successful-freelance-translator/ ---- This video discusses Products vs. Services and some of the differences between them, such as how you usually pay for Products in advance, but you pay for Services after they've been rendered. So how can you change your Translation service into a product? The books I mention are: The E-myth revisited, by Michael Gerber: http://www.amazon.com/The-E-Myth-Revisited-Small-Businesses/dp/0887307280?&linkCode=wsw&tag=dumage-20 Built to Sell, by John Warrillow: http://www.amazon.com/Built-Sell-Creating-Business-Without/dp/1591845823?&linkCode=wsw&tag=dumage-20 The Chicken and Egg video I mention: https://www.youtube.com/watch?v=f0dFD8e3vn4 *** If you click on these links I provide to purchase the books on Amazon, the price does not change for you, but Amazon gives me a (small) percentage of your purchase, and these small amounts allow me to continue broadcasting. So I would appreciate your clicking on these links when you make your purchase! Thanks! *** ---- Follow Acahi on Twitter: @Acahilanguages Follow Acahi on Facebook: http://www.Facebook.com/AcahiTranslations Check out my Ebook: http://amzn.to/1Wss0dm And don't forget to Subscribe!
Why Product Companies Pay More ?  Service Based vs Product Based Companies 🔥🔥
 
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Don't forget to Hit the Subscribe Button Below: https://goo.gl/FZkVrR ---------------------------------------------------------------------------------------------------------- Topic Introduction:- Why Product Companies Pay More ? Service Based vs Product Based Companies It depends on you. Let me breif a little. Service based is a company which provides software products and services to anyone who asks for it for a price. Product based company is a company which makes products which might be/ might not be related to softwares, but they need IT department to make that product more sellable. So if u work at software services company :- Project can be anything. On anything. Deadlines are mostly defined by clients. Less innovation and flexibility. More strictness and multi tasking. Client will be dissatisfied mostly. You would get expert on the language u are working. But you cannot learn new. Because u dont have time. In case of small scale, company might fire you on the basis of no new projects or clients saying of ur performance. You get to know about new business and projects. You are providing services. Product of client is making of. If you are working in a product based company :- Company decides what they need and on what langauage and what is best for business. Deadlines are decided by internal management. You can get a little time to learn new things. Your management might not appreciate ut performance or work. You get to know more about ur companies business. Product making is more appreciated than service providing. Concentrate on that one thing u have been provided. More innovation on the same line of products. I would prefer a product based company. And it should be your personal decision as well. Good luck. Source Code: for source code Please leave your email id in the comment box. --------------------------------------------------------------------------------------- Learn New Technologies -- Visit Our Channel -- https://www.youtube.com/tutorialspoint2016 1) CodeIgniter Mini Project Tutorial in Hindi/Urdu Using Angular JS & Boostrap 3 : https://goo.gl/FSwsJ4 2) Codeigniter Tutorial for Beginners Step by Step in Hindi : https://goo.gl/bxG6gJ 3) PDO-OOP-PHP-CRUD-with-Bootstrap : https://goo.gl/q1KRTn 4) AngularJS Tutorial for Beginners (For Absolute Beginners ) : https://goo.gl/Hak26N 5) JSON Tutorial for Beginner : https://goo.gl/ryPu35 6) Git and GitHub Training In Hindi : https://goo.gl/HpToSd 7) Java Tutorial For Beginners (Step by Step tutorial) : https://goo.gl/QxJ68x 8) PHP Tutorial for Beginners (For Absolute Beginners) : https://goo.gl/S3urkU 9) OOPS Tutorial for Beginners in PHP : https://goo.gl/k2kJDM 10) Bootstrap Tutorial for Beginners : https://goo.gl/NGFDse 11) Magic Methods in PHP Tutorial : https://goo.gl/BdYLfJ 12) Build a PHP MVC Application : https://goo.gl/yqDCkb 13) Whats new in PHP 7 | (Introduction) : https://goo.gl/rTTKkr 14) CRUD with PHP and MySQLi Tutorial : https://goo.gl/yyjWD7 15) Technology Tips and Tricks : https://goo.gl/MpR952 16) MongoDB Tutorial for Beginners (Hindi) : https://goo.gl/NZXD1u --------------------------------------------------------------------------------------------- For any queries feel free to comment or send a mail on [email protected] You can connect with us in social Media :- facebook : https://www.facebook.com/TechnicalSunejaji/ Want to Join : https://www.facebook.com/groups/1981858225403035/ Don't forget to hit the Subscribe & Like button! ------------------------------------------------------------ #ServiceBasedvsProductBasedCompanies
Views: 569 Technical Suneja
ConnectTaiwan Lesson 2- Product vs Service
 
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An educational introduction to the difference between a need and a want and a product and a service put together by Truman State Enactus.
Views: 113 FentressMichael
Product vs Service innovation
 
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Dr. Jay van Zyl, SystemicLogic Group CEO, discusses product vs service innovation. (10 of 10)
Views: 1495 SystemicLogicGroupTV
Service Marketing vs. Product Marketing
 
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Similarities: Marketing Mix Both focus on the customer Promotion - commercials, blogs, social media sites, word of mouth Distribution System Pricing System Differences: Product - tangible (ex. Crest toothpaste) Service - intangible (ex. Dentist Office) Service Marketing is different from Product Marketing - Perception of Quality
Views: 214 Joseph Francis
Product vs. Service - Episode#1 -  André Albuquerque - Long Story Short Video Series
 
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- Learn the differences between Product and Service - For this episode: #Get_To_Know: Product vs. Service Special Guest: André Albuquerque - https://www.linkedin.com/in/albuquerqueandre/ -Running a service business is hard, should we consider chage it to a product? -What are the differences between products and services? -Are we moving to a future with more products or more services? This video is part of the Long Story Short series from BET - Bring Entrepreneurs Together and the Catolica-Lisbon (CTI&E) - Center for Technological Innovation and Entrepreneurship to provide food for thoughts to the community.
Differences Between a Service and Product Based Company
 
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For the last decade i've been running a service-based software company. However early last year I created a new product-based company with a good friend of mine. In today's video I go over the differences (and similarities) between the 2 company types. Whether you're just starting or deep in the trenches, this video is not a quick overview, I want to focus on real tangible information, not filler. If you find this content useful I would greatly appreciate if you shared it with others. That's the only way this channel will grow and allow me to reach (and help) more people. Instagram for daily updates: http://instagram.com/codermancom Join the public Slack channel: http://coderman.slack.com/ ** Products I use to wash or detail my cars/bikes ** Chemical Guys Snow Foam: http://amzn.to/2uPRNH7 Chemical Guys Mr. Pink: http://amzn.to/2vKXHYP EZ Brush: http://amzn.to/2fS4kTv Wheel Brush: http://amzn.to/2uPkdAL MetroVac: http://amzn.to/2vKwghz ** Products I use to record and edit my videos ** Canon M6: http://amzn.to/2jquyxK Rode SmartLav: http://amzn.to/2x4ZZma Zoom H1: http://amzn.to/2wZgT6s ** Vehicles & Bikes I make videos on ** 2011 BMW M3 2003 Nissan 350Z 2015 Nissan Murano 2008 CBR600RR 1999 Kawasaki Vulcan 800 Classic Please like & subscribe. As always, leave a comment below for any topics you'd like to see or if you have a car or business question. What I use to monitor and schedule my channel https://www.tubebuddy.com/coderman ** CoderMan social channels (business and cars) ** http://coderman.com https://www.facebook.com/codermanyt http://instagram.com/codermancom * Note: Products are affiliate links, it helps keep the channel running, and doesn't change your cost or influence ANY product I link to! I am not sponsored by anyone.
Views: 1439 CoderMan
Product Innovation vs Service Innovation
 
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Recorded on juni 28, 2011 using a Flip Video camcorder.
Views: 756 ArnoldBeekes
3. Product Service Continuum [Goods & Services] | Classification Of A Product | Features Of Services
 
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Basics Of Marketing : Management Studies; 3. Product Service Continuum [Goods & Services] | Classification Of A Product | Features Of Services; ~ Product Service Continuum [Goods & Services] - What is a Product? * Classifications of a Product a. Durable b. Non - durable c. Services - Pictorial presentation of Product Service Continuum - Difference between (Physical) Goods and Services - Characteristics of Services Video by Edupedia World (www.edupediaworld.com), Free Online Education; Download our App : https://goo.gl/1b6LBg Click here, https://www.youtube.com/playlist?list=PLJumA3phskPEQL4vkEA8979XpfcRfg3lp for more videos on Basics of Marketing; All Rights Reserved.
Views: 2490 Edupedia World
The Difference Between a Product and Service - How to Market a Service
 
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http://smartmarketinggroup.com/timeblocks.htm Les: What is the obstacle you're running into most? Lorna: Well, I would love to hear your perspective on the difference between marketing a service and a product. Because you can return a product you can't return a service. Les: There's a thing that they both have in common, that most people forget. It's called the WIIFM factor. When you go out and buy something, why do you buy it? Lorna: I buy for several reasons, sometimes i Need the item, sometimes I have extra money, or something that I would love to have. Les: The reason I ask that question, is because most people's communications are selling features, not benefits. What WIIFM stands for is "What's in it for me?" And that is what most communicators fail at. Consumers are not interested in WHAT you're selling, but how are yuo going to make them more successful, richer, better looking etc. But if it is not focused on the benefits, it falls on deaf ears more often than not. And this goes the same with service, if I'm going to spend money on a service I want to know how is it going to make my job easier. When you talk about training, it is not something you can put your hands on physically, but it will enhance the value in life. Where ever there is a problem, there is an opportunity. Talk from the perspective of the audience you're trying to influence and that comes from training. You're in a business to teach them to be proactive, instead of reactive. There's a thing called the 4 rules of Smart Marketing and you're dealing mainly with the first rule. People are afraid of change, but change is constant. And if you don't change, you short change your life. You need to explain to people that "I'm going to teach you how to be open minded, I'm going to teach you have to be more acceptable of change. It's not so much product verses service, it's presentation. And the presentation isn't in a powerpoint, it is "Am I talking from the perspective of the audience?" And that is one of the biggest mistakes that I've seen over the last 5 decades. And you can ask your clients to list the benefits of why people will buy from you. Lorna: Well, I have done that and I've discovered that that is where they really do have a problem identifying the benefits. Then they all clam up and they believe that you if you speak of the features of this thing, they think you must be stupid if you can't see the benefits. Why are you asking me? You have the work in front of you to see the benefits. Les: Well there's an answer to that. In order for someone to grasp the message, you have to be redundant. Studies have shown that consumers have to see your message 17 times before it registers. Lorna: That many? Les: Yeah Lorna: Wow Les: Maybe even worse today with all the clutter that's out there. And that's the way I would come back to people. Hey, there are a lot of people out there that won't grasp the benefits as quickly as you "mr. genius" does. You have to make sure that is it your goal to show how smart you are, or is it to sell your product or service? One of the things I've learned over the years, if people are objecting you, ask them questions that you already know the questions to. It will make them think.
Views: 11186 SmartMarketingGroup
What is service and difference between service and product
 
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In this vedio I have explained what is service and difference between service and product
Views: 141 PANKAJ SUTAR
How To Sell Your Product Or Service - 5 Reasons Why People Buy
 
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Now That You Know The 5 Reasons Why People Buy, How Can You Use Them To Get MORE Sales? In Dan’s FREE Masterclass, You’ll Discover His Secrets On How To Sell Your Product Or Service To Anyone: http://whypeoplebuy.danlok.link Many businesses and salesmen are struggling to reach the top, because they don’t know how to stand out in the marketplace and attract more customers. In this video, Dan teaches you the 5 reasons why people buy, and how you can sell anything to anyone. 👇 SUBSCRIBE TO DAN'S YOUTUBE CHANNEL NOW 👇 https://www.youtube.com/danlok?sub_confirmation=1 Check out these Top Trending Playlists - 1.) Boss In The Bentley - https://www.youtube.com/playlist?list=PLEmTTOfet46OWsrbWGPnPW8mvDtjge_6- 2.) Sales Tips That Get People To Buy - https://www.youtube.com/watch?v=E6Csz_hvXzw&list=PLEmTTOfet46PvAsPpWByNgUWZ5dLJd_I4 3.) Dan Lok’s Best Secrets - https://www.youtube.com/watch?v=FZNmFJUuTRs&list=PLEmTTOfet46N3NIYsBQ9wku8UBNhtT9QQ Not long ago, Dan Lok was just a poor immigrant boy. He had nothing but a strong desire to get out of debt and make enough to provide for his single mom. With this strong desire, Dan quit his job as a grocery bagger. He dropped out of college. And he became an entrepreneur. After 13 failed businesses, Dan finally became a self-made millionaire at age 27 and multi-millionaire by age 30. Fast forward to today, Dan is now an official Forbes Book author with over 13 internationally best-selling books. He’s the founder and chairman of several multimillion dollar businesses. And outside of his business success, he is one of the most-watched, most quoted and most followed educators of our time. In total, his videos have been watched over 100-million times across his social media platforms. His emails are read by over 2,000,000 people every month. If you want the no b.s. way to master your financial destiny, then learn from Dan. Subscribe to his channel now. ★☆★ CONNECT WITH DAN ON SOCIAL MEDIA ★☆★ YouTube: http://youtube.danlok.link Dan Lok Blog: http://blog.danlok.link Facebook: http://facebook.danlok.link Instagram: http://instagram.danlok.link Linkedin: http://mylinkedin.danlok.link Podcast: http://thedanlokshow.danlok.link #DanLok #WhyPeopleBuy #Sales Please understand that by watching Dan’s videos or enrolling in his programs does not mean you’ll get results close to what he’s been able to do (or do anything for that matter). He’s been in business for over 20 years and his results are not typical. Most people who watch his videos or enroll in his programs get the “how to” but never take action with the information. Dan is only sharing what has worked for him and his students. Your results are dependent on many factors… including but not limited to your ability to work hard, commit yourself, and do whatever it takes. Entering any business is going to involve a level of risk as well as massive commitment and action. If you're not willing to accept that, please DO NOT WATCH DAN’S VIDEOS OR SIGN UP FOR ONE OF HIS PROGRAMS. This video is about 5 Reasons Why People Buy https://youtu.be/-9DQcEyEPhA https://youtu.be/-9DQcEyEPhA
Views: 46230 Dan Lok
Agile | Product vs. Project
 
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Comparison of product-based and project-based development efforts using the ServiceNow ITBM Agile 2.0 application. Applies to UI16, the latest version of the user interface, in the Kingston release. May apply to future releases as well. UI16 is the default user interface for new instances, starting with the Geneva release. To get UI16 on upgraded instances, the UI16 plugin must be activated. Role required: none For best video quality, increase your player resolution to 1080p. For more information, see: ServiceNow product documentation: https://docs.servicenow.com/bundle/kingston-it-business-management/page/product/agile-development/concept/agile-development.html ServiceNow Education Services: http://www.servicenow.com/services/training-and-certification.html ServiceNow Community: https://community.servicenow.com/welcome ServiceNow TechBytes Podcast: https://community.servicenow.com/community/experts-corner/techbytes-podcasts For general information about ServiceNow, visit: http://www.servicenow.com/ Your feedback helps us serve you better! Did you find this video helpful? Leave us a comment to tell us why or why not.
Views: 7878 ServiceNow Support
Product Vs. Service - The Solo Coder - ramble 25
 
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Let's talk about the dream of having your product and living off of it and the short term cash flow reality that is required to pay the bills right now. Join the Community: http://TheSoloCoder.com
Views: 132 The Solo Coder