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product as a service

/ˈprɑdəkt əz ˈsɜrvəs/ /ˈprɒdʌkt əz ˈsɜːvɪs/
noun
  1. 1 hizmet olarak ürün uncountable

Definition (English)

A business model where customers pay for the use of a product, not its ownership.

Example Sentences

  1. Under a product-as-a-service model, the company keeps ownership of the machines.
    Hizmet olarak ürün modelinde makinelerin mülkiyeti şirkette kalır.
  2. Product as a service reduces waste and maintenance costs.
    Hizmet olarak ürün, atığı ve bakım maliyetlerini azaltır.

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