Industrial Product

Posted in Marketing and Strategy Terms, Total Reads: 15237

Definition: Industrial Product

These are the products which are not directly used by the end customers but are used by the industries.

There are various characteristic and features which are not required by the normal customers in day to day life but only are required by the industries. So products are designed keeping in mind the industrial requirement and specific to them. These products will be called as industrial product.

Example: Products like glue having high adhesive strength are not required by people in day to day to life but are key requirement for various industries like automobile, leather etc.

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