This article is about a term used in economics. For other uses, see service (disambiguation).

In economics and marketing, a service is the non-material equivalent of a good. Service provision has been defined as an economic activity that does not result in ownership, and this is what differentiates it from providing physical goods. It is claimed to be a process that creates benefits by facilitating either a change in customers, a change in their physical possessions, or a change in their intangible assets.

By supplying some level of skill, ingenuity, and experience, providers of a service participate in an economy without the restrictions of carrying stock (inventory) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require marketing and upgrading in the face of competition which has equally few physical restrictions.

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RT @metzgerbusiness: Honest reviews of services and products done over time tend to drive traffic to those products and services. #blogchat
CASUDI (Caroline Di Diego) Mon, 04 Jan 2010 03:30:38 -0000
RT @metzgerbusiness: Honest reviews of services and products done over time tend to drive traffic to those products and services. #blogchat
Commercial Cleaning Services and Products- #business for sale-http://bit.ly/1LfRGo
salebusiness (Sale-Business.com) Mon, 04 Jan 2010 03:30:04 -0000
Commercial Cleaning Services and Products- #business for sale-http://bit.ly/1LfRGo
RT @metzgerbusiness: Honest reviews of services and products done over time tend to drive traffic to those products and services. #blogchat
sharonmostyn (Sharon Mostyn) Mon, 04 Jan 2010 03:29:27 -0000
RT @metzgerbusiness: Honest reviews of services and products done over time tend to drive traffic to those products and services. #blogchat
Honest reviews of services and products done over time tend to drive traffic to those products and services. #blogchat
metzgerbusiness (Kevin Metzger) Mon, 04 Jan 2010 03:23:00 -0000
Honest reviews of services and products done over time tend to drive traffic to those products and services. #blogchat
How much do the Kardashians have to spend on hair removal products and services? Has this been calculated? I need to fire up Excel.
thomasjpr (Thomas Roberts) Mon, 04 Jan 2010 03:22:33 -0000
How much do the Kardashians have to spend on hair removal products and services? Has this been calculated? I need to fire up Excel.
Your Financial Health: Airline fees make skies less friendly: Fees for services and products are in place, with.. http://tinyurl.com/y8b7ohm
TheTopMarketer (Mike Coleman) Mon, 04 Jan 2010 03:22:02 -0000
Your Financial Health: Airline fees make skies less friendly: Fees for services and products are in place, with.. http://tinyurl.com/y8b7ohm

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