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What is Industrial Product in Marketing? PDF Download

Learn Industrial Product definition in marketing with explanation to study “What is Industrial Product”. Study industrial product explanation with marketing terms to review marketing course for online MBA programs.

Industrial Product Definition

  • A product bought by individuals and organizations for further processing or for use in conducting a business.

    Principles of Marketing by Philip T. Kotler, Gary Armstrong



Industrial Product Explanation

The mechanical merchandise part incorporates organizations engaged with aviation and barrier, modern apparatus, devices, blunder generation, development, squander the board, produced lodging and concrete and metal manufacture. Execution in the modern merchandise segment is generally determined by free market activity for structure development in the private, business, and mechanical land sections, just as the interest for fabricated items.

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