Instead of selling and buying products alone, many manufacturers are selling services and purchasing services alongside tangible goods.

Name: Instead of selling and buying products alone, many manufacturers are selling services and purchasing services alongside tangible goods.
Brand: Quizplus
Rating: 4.8 (31 reviews)

Question

Quizplus · Accepted Answer

Manufacturers are increasingly adopting a servitization model, where they offer services related to their products, such as maintenance, support, and leasing, to add value and differentiate themselves in the market.

Instead of Selling and Buying Products Alone, Many Manufacturers Are