And if you make the âZestimate is too highâ argument, youâll probably get laughed at by the seller and the real estate agent. Of course, if I were buying a home and had the choice, Iâd want to be making an offer on a home that was listed below the Zestimate, whether accurate or not.
Definition of 'Product'. Definition: A product is the item offered for sale. A product can be a service or an item. It can be physical or in virtual or cyber form. Every product is made at a cost and each is sold at a price. The price that can be charged depends on the market, the quality, the marketing and the segment that is targeted. Each product has a useful life after which it needs replacement, and a life cycle after which it has to be re-invented.
In marketing, a product is anything that can be offered to a market that might satisfy a want or need.In retailing, products are called merchandise. In manufacturing, products are bought as raw materials and sold as finished goods.Commodities are usually raw materials such as metals and agricultural products, but a commodity can also be anything widely available in the open market.In project management, products are the formal definition of the project deliverables that make up or contribute to delivering the objectives of the project.ommodities are usually raw materials such as metals and agricultural products, but a commodity can also be anything widely available in the open market. In project management, products are the formal definition of the project deliverables that make up or contribute to delivering the objectives of the project.