Whois & Analysis for lovechip.com

A service is an act or use for which a consumer, firm, or government is willing to pay.

Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on.

Public services are those that society (nation state, fiscal union or region) as a whole pays for.

Using resources, skill, ingenuity, and experience, service provider's benefit service consumers.

Services may be defined as intangible acts or performances whereby the service provider provides value to the customer.

Distribution is the process of making a product or service available for the consumer or business user who needs it, and a distributor is a business involved in the distribution stage of the value chain.

Distribution can be done directly by the producer or service provider or by using indirect channels with distributors or intermediaries.

Distribution (or place) is one of the four elements of the marketing mix: the other three elements being product, pricing, and promotion.

In economics, competition is a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place.

In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products.

The greater the selection of a good is in the market, the lower prices for the products typically are, compared to what the price would be if there was no competition (monopoly) or little competition (oligopoly).

Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan.

In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of product.

In marketing, a product is an object, or system, or service made available for consumer use as of the consumer demand; it is anything that can be offered to a market to satisfy the desire or need of a customer.

In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods.

A service is also regarded as a type of product.