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21 November, 03:44

What are some advantages and disadvantages of selling tangible vs intangible products?

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  1. 21 November, 06:05
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    Tangible products

    Though there is customization to products they are uniform or similar in use to the consumers. Products have the touch and feel which can be experienced before the purchase of the products.

    These products have to be stocked and shelved it occupies a place. It needs protection from damage, theft or perish ability.

    Intangible Products

    Service is the intangible product it is given based on the customer needs. It only requires skilled employees to provide best services. Disadvantages are it requires lot of effort to satisfy the customers. Level of satisfaction can be different for different people.
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