Business Idea: Start A Productized Service in 2024
Productized services are created when a larger service is broken down into smaller services that can be sold separately.
This makes it easier to sell the same service to multiple clients and creates an easily-marketable product. For example, a marketing agency that usually charges by the hour, instead, charges a flat monthly fee.
This business strategy works well in B2B markets, as you can sell the same value proposition to multiple clients, and give them a great return on investment.
The reason why you should start a productized service business is simple: making recurring revenue from your expertise can be very useful if you want to build a business based on passive income.
Revenue & Profitability
How much do productized services make?
- On average, successful productized services report $1.45M/year in revenue.
- 93% of productized services report being profitable.
Learn more about how much money productized services make.
Startup Costs
How much does it cost to start a productized service?
- It can cost as low as $60 to start a productized service.
- It can cost as high as $300,000 to start a productized service.
Learn more about the costs of a productized service.
Examples Of Successful Productized Services
Successful productized service businesses and case studies
Discover how a creative services company transformed a consulting necessity into a $21M/year subscription-based design powerhouse, offering unlimited graphic design support for a fixed monthly fee.
Zero Gravity Marketing is a five-star rated digital marketing agency with Premier Google Partnership and recognized by Inc 5000 for the last three years, on track to gross over $10M in 2022, specializing in SEO, paid media management, social media marketing, email marketing, website design, CRO, content marketing and creative services.
See full list of successful productized services.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
