Discussing SERVICE-BASED BUSINESS MODELS

Service-based business models shift the emphasis from equipment ownership and maintenance towards customers paying for output, outcomes, and long-term solutions.

Traditionally, having a business model that generates regular ongoing income was something that either only tech businesses or the largest manufacturing companies enjoyed.  Now regular manufacturers are catching up.

developing A service-based business model means...

  • Instead of only offering traditional products which provide you with a one-off purchase value, you also offer service-based products
  • Offering service-based products means that you gain a healthy regular income without having to worry about how to make that next product-only sale
  • Providing services to your customer base not only increases your revenue but also builds a strong trust-based relationship with them – this means further opportunities for product or service-based sales with them in the future

Seizing the serviced-based opportunity

Identify your specific opportunities for servitisation and the route to finding them with the help of a half-day strategy session with our experts.  Click here to contact us.

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Download: service-based business models for Manufacturers

Servitisation shifts the emphasis from equipment ownership and maintenance towards customers paying for output, outcomes, and long-term solutions.  Our 20-page guide explains the issues and opportunities surrounding servitisation and recommends the first practical
steps you can take.

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