The Business services industry is a large and growing sector of the economy. It includes businesses that provide consulting, marketing, transportation, waste handling, administrative services, staffing and shipping, among many other specialized activities. These businesses help companies to focus their attention and resources on the tasks that will give them the highest return, rather than focusing on manufacturing and selling physical goods. Business services are also referred to as non-product revenue streams. In the three-sector economic theory, business service is considered tertiary.
Unlike products, which are tangible, business services are intangible and may include experiences or consultations. Most business industries utilize some form of business service, but the services that are most prevalent vary by industry and niche. For example, a company that provides marketing services will likely focus on helping a client to develop an appropriate strategy for reaching their target audience. This can be done through various methods, including digital marketing.
Most business-to-business (B2B) business services involve helping a business with operations that would be too difficult or costly to do independently. Typically, these are tasks that would require significant specialized training or equipment. These services can include logistics, warehousing, packaging, inventory management and control, order entering and fulfillment, light assembly, marking, and pricing, among other tasks. Increasingly, these services are being offered remotely through technology platforms that offer a variety of tools to assist with these functions.
There are also many business-to-consumer, or B2C, service businesses that focus on helping a consumer achieve a goal that is beyond their own capabilities. These types of businesses often have low profit margins and rely on raising funds through donations or sales transactions to cover costs and expenses.
These firms are able to lower their costs by providing these services through a shared-services model, wherein a single business will oversee multiple service delivery groups that are dedicated to serving the needs of several other organizations. These groups can be located anywhere in the world.
In addition to these terms and conditions, you agree to comply with the Community Guidelines, Advertising Policies, Merchant Policies, Brand Guidelines, Promotions Rules, Snapcode Usage Guidelines, any creative and technical specifications set forth by Snap, and any Supplemental Terms and Policies that are made available when using the Business Services, which can be found here or will be provided to you in conjunction with your use of those services (“Supplemental Terms and Policies”). These terms and conditions also incorporate by reference the provisions contained in the Snap Terms of Service, as amended from time to time.
If there is a conflict between these Business Services Terms and the provisions in any other agreement between you and Snap, the provision in the other agreement will prevail. To the extent permitted by law, in no event will Snap and its affiliates’ aggregate liability for all claims arising out of or relating to the Business Services (whether based in contract, tort, including negligence), breach of statutory duty, restitution, misrepresentation or otherwise) exceed $500 USD or the amount you paid for any Business Services that gave rise to the claim.
