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Marketing Intangible Products and Product Intangibles

Author Theodore Levitt
Publisher Harvard Business Review
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Book Details
ISBN / ASINB00005REKQ
ISBN-13978B00005REK7
AvailabilityAvailable for download now
Sales Rank6,627,799
MarketplaceUnited States 🇺🇸

Description

Rather than distinguishing between the marketing of services or goods, it is more useful to identify companies according to whether they sell intangibles such as travel or tangibles such as automobiles. Companies that sell tangibles emphasize intangible benefits, including status and comfort, to enhance their products. Tangibilizing intangible products presents more difficulties because of their people-intensive production and delivery which increase the chances for personal discretion and error.