A business product is a good, idea, method, information or object that is created as a result of a process and serves a need or satisfies a want. Unlike consumer products, which are categorized as convenience, shopping and specialty goods based on consumer buying habits, business products are classified by their use rather than their form or function.
The distinction between business and consumer goods can be difficult to distinguish, especially in the case of multi-use or multi-purpose items that serve more than one purpose. A brush, for example, is a consumer product for the person who brushes his teeth with it but can also be used to clean an engine or as a tool to assist in cleaning another type of surface. The difference between a product that is sold to consumers and a product that is sold to businesses can also be problematic since businesses may purchase a product for the purpose of producing their own products and therefore can’t always market it directly to consumers.프랜차이즈순위
For instance, flour is a business product for a bakery that uses it to make bread but is classified as a consumer product when purchased by an individual who will bake and sell the flour to his family or friends. Pickup trucks, which are sold both to consumers and to businesses, are also a good example of an item that can be classified differently based on how it is used.사업아이템
The classification of a product as a business or consumer good is important when creating an inventory management system because different rules and processes govern the way a company must buy, store, sell and account for these goods. The hierarchy of products helps ensure that all data points about a product are stored in the same location within an organization. This structure will enable companies to make informed decisions about purchasing, storage and sales and can lead to more efficient internal processes that free up time for employees to complete other critical work. In addition to ensuring that all of a company’s product data conforms to a predetermined set of standards, understanding this hierarchy can help organizations streamline their business process design and improve the quality of their product information management (PIM) systems.