1. Answer the following. •what are the 7p's of service marketing  •elaborate each one with three examples  •why are 7p's of service marketing important? give several reasons.  •how does 7p’s of service marketing differs from 7p’s of product marketing?

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Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.