Give three points of difference between a product and a service.

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Solution

Point of difference

Product

Service

Nature

Physical or tangible in nature.

Invisible or intangible in nature.

Transmission

Can be transmitted anywhere in the world.

Cannot be transmitted or transported.

Provider

Can be separated from the provider.

Cannot be separated from the provider.

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Point of difference	Product	Service
Nature	Physical or tangible in nature.	Invisible or intangible in nature.
Transmission	Can be transmitted anywhere in the world.	Cannot be transmitted or transported.
Provider	Can be separated from the provider.	Cannot be separated from the provider.