P-service innovation
P-service innovation refers to the process of developing new and improved services to meet the changing needs and demands of customers. It involves the creation of innovative service offerings that provide value to customers and differentiate a company from its competitors.
One example of P-service innovation is the introduction of online banking services by traditional banks. By offering customers the ability to access their accounts, transfer funds, and pay bills online, banks are able to provide added convenience and flexibility to their customers. This innovation has helped traditional banks stay competitive in an increasingly digital world.
Another example of P-service innovation is the introduction of ride-sharing services like Uber and Lyft. These companies have revolutionized the transportation industry by providing customers with a convenient and affordable alternative to traditional taxis. By leveraging technology and customer data, ride-sharing companies have been able to create a service that meets the needs of modern consumers.
Overall, P-service innovation plays a crucial role in helping companies stay relevant and competitive in today’s fast-paced business environment. By continuously developing new and improved services, companies can attract and retain customers, drive revenue growth, and ultimately achieve long-term success.
- Online banking services
- Ride-sharing services
For more information on service innovation, you can visit Wikipedia.