Commodity: Charges for undifferentiated products: Because commodities cannot be classified, commodity dealers offer them to companies in unnamed markets at a price determined by supply and demand. Goods : Charges for distinctive, tangible things:Companies create and then inventory goods tangible products sold to mainly anonymous clients who buy them off the shelf, from the lot, out of the catalog, or on the Web using commodities as their raw materials. Services : Charges for the activities you perform: Clients place a higher value on the benefits of services than on the items required to deliver them. Clients hire services to complete specific activities they don't want to undertake themselves; commodities only provide the tools. Experience : Charges for the feeling customers get by engaging it: Experiences have eventually emerged in order to create new value. Such experience offerings occur when a company uses services as the stage and goods as props to engage a person. Unlike commodities, which are fungible, goods that are tangible, and services that are intangible, experiences are memorable