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What does it mean to productize something?

What does it mean to productize something?

“Productize” refers to the process of developing a process, idea, skill, or service to make it marketable for sale to the public. Productization involves taking a skill or service that has been used internally and developing into a fully-tested, packaged, and marketed product.

What are productized services?

Productized services are standardized services sold like products, with clearly defined parameters and pricing. When we outline precisely what a customer will get and at what price, we can market and sell this “product” many times.

What is a productized business model?

The productized services business model is an impressive way to turn freelancing work into an actual company, and thus an asset you can sell (or buy). A productized service takes a typical service, such as web design, and creates an off-the-shelf style solution.

How do you spell productization?

Productization definition (computing, business) The act of modifying something, such as a concept or a tool internal to an organization, to make it suitable as a commercial product.

How do you Productize SAAS?

When you productize your service, you:

  1. Focus on one specific problem you can solve.
  2. Define exactly who you will solve it for.
  3. Standardize the activities you will do to solve the problem.
  4. Charge the same price every time.
  5. Document, templatize, and automate how you will provide the service as much as possible.

How do you turn a product into a service?

7 Tips For Turning A Service Offer Into A Product And Scaling

  1. Productize Your Services.
  2. Simplify Things.
  3. Systematize Production.
  4. Turn Your 1-on-1 Work Into A Group Offer.
  5. Record Everything That You Do.
  6. Take The Repeatable Systems And Turn Them Into Products.
  7. Look For Opportunities For The Back End Of Your Sales Funnel.

How do I sell productized services?

  1. Step 0: Create a Transformational Productized Service.
  2. Step 1: Break Your Service Down Into Steps.
  3. Step 2: Promote Each Piece of Content Separately.
  4. Step 3: Create a Landing Page for the Transformational Service.
  5. Step 4: Deliver Your Follow-Up Sequence.
  6. Step 5: Consult and Close.

How do you Productize an agency?

Five Quick Steps to Productizing Your Service

  1. Understand your strengths.
  2. Pick your specialism/niche.
  3. Understand your clients, their needs, and their pain points.
  4. Develop service packages that help your agency stay focused on your core services.
  5. Understand your clients, their needs, and their pain points.

What is productize?

What Is Productize? “Productize” refers to the process of developing or altering a process, idea, skill, or service to make it marketable for sale to the public. Productization involves taking a skill or service that has been used internally and developing into a standard, fully-tested, packaged, and marketed product.

What is productization in project management?

“Productize” refers to the process of developing a process, idea, skill, or service to make it marketable for sale to the public. Productization involves taking a skill or service that has been used internally and developing into a fully-tested, packaged, and marketed product.

What is productization in service-based business?

Productization is a key strategy in creating and running a service-based business. Productized services can also be packaged and offered as subscription -based services. Those that are freelancers and entrepreneurs might generate their income from providing a service such as writing or business management.