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Product vs. Service: Understanding the Key Differences in Product Management

  • A product is a tangible or intangible entity designed to meet a customer’s needs.
  • Services are intangible offerings that provide value through experiences or actions performed for the customer.
  • The main difference between products and services is their tangibility.
  • Professionals can enroll in online product management certifications to navigate the complexities of managing both products and services.

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