✍A Complementary product/service is a product/service that adds value to another. In other words, they are two products/services that the consumer uses together. For example, cereal and milk, or a DVD and a DVD player, training and business consulting, coaching and mentorship etc. However, a complementary products/services can add value to the initial.
✍Complementary product/service is absolutely necessary, as is the case with petrol and a car. However, a complementary product can add value to the initial product. For instance, pancakes and maple syrup.
✍Complementary product/service is a product/service that adds value to another, or, a good that cannot be used without each other.
✍Complementary product/service that cannot be used without each other are known to have a strong relationship. In other words, when the price goes up on one, the demand goes down for the other good.Examples include: Tennis Balls and Tennis Racket; PlayStations and Games; Movies and Popcorn; and Mobile Phones and Sim Cards.
✍These are products/services that goes hand with each other, that means they augment or complement one another. It also selling something else with a product/service you already established that will boost sales.
👉👉Examples Of Complementary Product/Service
1. Tennis Balls and Tennis Racket.
2. Mobile Phones and Sim Cards.
3. Petrol and Cars.
4. Burger and Burger Buns.
5. PlayStation and Games.
6. Movies and Popcorn.
7. Shoes and Insoles.
8. Pencils and Notebooks.
9.Shoes and Protective spray.
10. Coaching and Mentoring.
11.Training and Business Consulting.
12. Shampoo and Conditioner
❗As a business owner you should thinking of product/service that you will use to complement the product/service you already have because nobody wanted to stay on one particular product but you just need to have multiple streams of income.
❗❗ As you proceed to into 2021 you need to ask yourself what are the products/ services that I can use to complement one another to give me an extra source of income.
👉👉👉Another example of a complementary product is yoghurt and granola, they are both two perfect products that compliment one another because once you have your yoghurt you can take granola with it.
💁🏼♀️CKS FOODS yoghurt and granola is available at pocket friendly prices.
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Another example is training and business consulting, coaching and mentoring
2021 is fast approaching, please think of products/services you can use to complement the ones you already have or the existing ones.
Please let me know in the comment other complementary product/service you know.
Hope this is helpful.
Thanks.
Oluwakemi Asefeso
Oluwakemi Asefeso 