Characteristics Of A Product

A product is understood to be all the artifacts that have been produced, thus the characteristics of a productThey are mainly related to everything that is manufactured in factories, or is produced in an artisanal way. The product of the service must be clearly defined, which is the counterpart of the product-service duality.

As a product it derives from the Latin word “products”, and refers to the result of a series of physical processes that give a new product that is different from the inputs. originals and by the same definition, the same concept has been given to mathematical products, because a result is reached after certain processes mathematicians.

Ideas and characteristics of a product:

Physical product.- A physical product is everything that is manufactured, thus the manufacture of telephones takes The result is the “telephone” product, which can be traded or delivered independently to the service.

Product or service.- The service is a type of product, which in the eyes of some thinkers does not meet the characteristics of a product, but in administration, the concept of product is also applied to a series of services such as the internet, television and telephone lines, because although the contracts are for the provision of services, the service is registered as a product. Therefore, the “security service” product is not a tangible product as such, but for the company that offers the service, it is the product promoted and offered to the public that acquires it.

Parameters.- They are the measures or requirements that are established as a guide for their creation or manufacture, they can vary and be altered depending on the needs.

Trademarks.- When the products are industrialized and even in some products of the artistic-artisan order, they usually carry a distinctive mark, especially by shops industrialized or by maquilas or factories, which distinguish their products with watermarks, or other techniques, in order to make themselves known and save their authenticity.

Processes.- The products are made up of other products, so in a factory products are acquired, which are usually the raw material, (chemical products or prefabricated products etc.) these are subjected to processes, which alter the main material and make it the Final product.

Market.- The product is linked to the market, mainly due to the fact that the main objective of the vast majority of products, is that it reaches the buyer, this is because they are aimed at the general public who acquires them in the markets and shops. These markets advertise their respective products through advertisements and promotions, advertisements from various media (marketing or marketing), which inform the buyer of the existence of what is offered.

Promotion.- Following the product parameter, they usually have certain promotions, which make said product known to the end user, who must choose and compare.

Regulations.- Products are susceptible to being regulated, since quality and functionality are aspects that usually verified and standardized, which is the case with ISO-type standards, which focus on the parameters of many goods.