Product - Definition, Importance, Types & Example, Marketing Overview

By A Mystery Man Writer

Product is an offering which may be produced by a manufacturer, collected from nature or created virtually to provide a certain benefit or value to the customer. A product may be a physical or a non-physical good or service, made by a company to be sold to a customer fulfilling specific customer
Product is an offering which may be produced by a manufacturer, collected from nature or created virtually to provide a certain benefit or value to the customer. A product may be a physical or a non-physical good or service, made by a company to be sold to a customer fulfilling specific customer's stated or unstated needs. It has a benefit which completes a customer's need for which a customer pays.