Transition from Products to Services
Your customers (individual consumer or business) are changing the way they consume products. They have transformed from a product-centric to services-centric mentality, and no longer want a piece of technology, but rather one complete solution. They no longer seek the best product, but the best value service that is built into it, delivering greater overall value.While products remain integral, the value-add bundle of services is crucial for modern growth. Companies that transition from products to services continue to leverage products, but the service becomes the core business strategy. The transition from products to services helps you overcome declines in profit margins, and secure increased competitive advantage, customer engagement and satisfaction, driving higher revenues.
It is important to consider if the service-led business opportunity is right for your business. Get the guide to considerations, cautions, and conditions of the transition from products to services and learn what the transition from products to services is all about, who has made the transition from products to services, how that transition has affected their business, and how it effects you.
Still not sure where to start? That’s natural. The transition from products to services is a major step for your business.
Contact us for more information on how we can help transform your business to deliver new profits and new revenue streams through increased connection with your target customer!
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