Overview
Customer pays for use or outcome; provider retains ownership and handles lifecycle (maintenance, reuse, recycling).
Examples
- Philips pay-per-lux
- Rolls-Royce Power by the Hour
- Xerox managed print
- Car subscriptions
How to cite
Faster Than Normal. “Product-as-a-Service Business Model.” fasterthannormal.co/business-models/product-as-a-service. Accessed 2026.
