ELI5: Explain Like I'm 5

Product (business)

A product (business) is something that you make or sell that people want to buy. It could be anything from a toy to food to clothes. To have a successful product (business), you have to figure out what people want and make or find the best version of that product. You also need to market it to people so they know what it is and why they should buy it. Finally, you need to make sure that you are making a good profit on the product, which means that you should be making more money from selling the product than it costs to make it.
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