Goods-Dominant is a term used to describe a business model that focuses on the production and sale of physical goods. It is the opposite of a service-dominant business model, which focuses on providing services to customers.
Goods-Dominant (G-D) logic is a framework for understanding the dynamics of value creation and capture in the context of goods and services. It is based on the idea that goods and services are fundamentally different in terms of their value creation and capture dynamics. G-D logic is a way of understanding how goods and services interact with each other and how they create and capture value.
Goods-Dominant logic is based on the idea that goods are the primary source of value creation and capture. Goods are tangible objects that are produced and consumed. They are the primary source of value creation because they are the source of the physical resources that are used to create value. Goods are also the primary source of value capture because they are the objects that are exchanged in the market for money.
Services, on the other hand, are intangible activities that are performed to create value. Services are the secondary source of value creation and capture because they are not exchanged in the market for money. Instead, services are exchanged for goods or other services. Services are also the secondary source of value capture because they are not exchanged in the market for money.
Goods-Dominant logic is a way of understanding how goods and services interact with each other and how they create and capture value. It is based on the idea that goods are the primary source of value creation and capture, while services are the secondary source of value creation and capture. G-D logic is a useful framework for understanding the dynamics of value creation and capture in the context of goods and services.