Product Based vs Service Based Company Difference 🔥 | 3.5 LPA vs 10LPA 🤑| Off-Campus Placement

Summary

The video compares product-based and service-based IT companies, focusing on hiring, pay, work, and career preparation.

• Product-based companies build and sell their own products. The video characterizes their hiring as more selective, with harder technical interviews and a stronger emphasis on coding and development skills.
• Service-based companies provide technology services to clients. They are described as hiring larger numbers of candidates and offering a broader range of roles, potentially including less coding-intensive work.
• Hiring example: The speaker contrasts roughly 5 people entering product companies with 50–60 entering service companies in a group. This is an anecdotal illustration, not a general hiring statistic.
• Pay: The video gives approximate annual packages of ₹3–4.5 lakh for service companies and up to around ₹10 lakh for product companies. The subtitles are unclear about the service-company range, so these figures should be treated as approximate.
• Career preparation: For product-company roles, the speaker recommends building coding and development skills, creating projects, and preparing consistently. Candidates should choose a path that fits their interests and strengths rather than focusing only on salary.
• Career growth: The video suggests product-company work may offer strong growth for people who want development-focused roles. Service companies may suit candidates interested in client work or a wider mix of responsibilities.

Practical playbook

• Decide which type of work appeals to you: product development or client-service delivery.
• For product-company applications, prioritize coding practice, development experience, and demonstrable projects.
• Consider service-company roles as a broader entry route into IT, while evaluating the specific role and its growth opportunities.
• Treat salary and hiring comparisons as illustrative; actual packages and selection processes vary by company.

Presenter and source

The speaker introduces himself as Raj, and the video is from Last Moment Tuitions. The accompanying metadata names Sumer Singh, so the presenter’s name is unclear.