Definition

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product

producto

|

produit

|

产品 /chǎnpǐn/

1

Commerce | n. m.
A material good, service or idea susceptible of satisfying the needs of consumers.

Example

It is important to remember that olive oil is a product of nature, so it follows the rule that mass production cannot reduce the cost unless it also reduces the quality.

2

Commerce | n. m.
A commercial variable comprising all the decisions related to any type of material good, service o idea susceptible of satisfying the needs of consumers.

Example

The product is configured as the core of management within the context of marketing strategy, and that their situation affects the performance of the company with the other variables (price, communication and distribution channels), so these variables marketing strategy are differentiating features that allow to reach a certain ranking of your product on the market.

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