SBP 059: Products or Services -- Which One Makes A Better Business?

The Activator HQ Podcast (formerly The Smallstarter Business Podcast)

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3y ago 51:18

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There are only 3 ways a business can make money in this world.

It can sell products.

It can sell services.

Or it can sell both.

But is there any advantage in selling a product instead of a service?

Or is it easier and more profitable to sell services instead of products?

This is a question most entrepreneurs must consider before investing time, energy, and money into a business.

And if you already have a business, will your next revenue stream come from a new product or a new service?

In today’s episode, you’re going to learn some interesting things about the two types of businesses.

What you’re about to hear could change how you think about your business and what you’re offering to your customers.

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