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Product vs. Solution

How would you define the difference between a "product" and a "solution"?

In general people seem to want to treat products as something tangible and solutions as something intangible. So hardware is a product, consulting is a service, and who knows what software would be! However, a product solves a problem for a market segment. Isn't that also the definition of a solution?

Don't think of product as only software or hardware; think of product as solving a market problem. This way you'll see that the software is only part of the solution.


Answered by Steve Johnson