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.
Quick Answer. The product range, or product line, is a collection of products sold by the same manufacturer that are aimed at different segments of the market. All of the product in the range are connected, but some may be designed to attract teenagers while others may focus on older customers. Continue Reading.