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In this video tutorial, the speaker explains the concept of service blueprints as visual tools that help to illustrate how a service works, similar to architecture blueprints for building a house. Service blueprints define the structure of a product or service by visualizing relationships and interactions across different services in a business, including key people, touch points, and evidence. They are crucial in complex businesses with multiple systems and components working together. Service blueprints should be created after a customer journey map to provide a comprehensive understanding of the service. They can be utilized in various scenarios to enhance service design and delivery.