Products and their Types in Magento 2

Products and their Types in Magento 2

Magento 2 is not only flexible with many different products, but it also helps us in managing our store. Magento 2 even provides us a high customizable store that allows its users to meet their needs. We can even create a highly customizable product in our store with a number of variations as per the production needs. But before that, we need to create the categories for our product.

1. Grouped Product

A Grouped product is a set of several essential or virtual products identified as a group. We share similar characteristics, and all of them appear on a single page. Grouped goods have no costs; the price is only for the products of their children. Such items can be bought as a group or individually, e.g., knife collection with different sizes.

At the time, when you want to promote some product, clustered products work well. We can, therefore, combine the objects, which are one compliment to each other. In that case, we're inspiring clients to buy multiple products at once.

Products and their Types in Magento 2

For example- a collection of furniture and a combination of beauty products (eyeliner with mascara), summer outfit (sunglasses with hats and shorts), etc.

2. Configurable Product

Configurable goods are a little complex in comparison with unaffected products. Configurable goods combine a simple product with other possibilities such as scale, materials, color, etc. It has a separate SKU, which enables the store administrator to monitor any product variation's inventory.

For Example - Full sleeves Shirt is a commodity that can be customized since it is available in different colors and sizes.

Products and their Types in Magento 2

3. Bundled Product

Bundled products are custom products, including several Interactive or Digital Products. Bundled goods are items that can't be sold separately. A package product allows the consumer to "create their own" from an array of options. Using any available options, customers will form this product.

In other e-commerce sites, a packaged product is also known as a kit

Products and their Types in Magento 2

For Example - The package can be a gift basket, personal computer, Xbox set, Sprite Yoga Companion Pack that has several items like-Ball, Yoga Block, Yoga Strap, and Foam Roller. In that case, consumers have to buy all of the products contained in the pack, as they have no choice.

4. Downloadable Products

The products that are available to download. They are those products that can be downloaded by simply making the payment for it, such as e-books, apps, images, and files, etc. Once it is downloaded only then, it can be used by consumers. You can only watch the trailer, a demo for checking before uploading. The files that reside on your server, or they may be given to any other server as URLs.

In short, the items to be downloaded are known as digital goods. These are products that can be downloaded online so that you can sell digital goods.

For Example - A fitness video for the learners, Pc games, Magento extensions, mp3 music files, and software, etc. are the downloadable products.

Products and their Types in Magento 2

5. Simple Product

A primary product is a single object with no selectable variants. It's one of the store's most popular products and devices. Within Magento2, its name describes a simple product, which means that this type of product is sold individually, or as part of configurable, packaged, or grouped goods. Accessible goods are priced appropriately, but there is no choice of color and size or any other option. Every item has its unique code by which it is named in the store, which is known as SKU Code (Store Keeping Unit).For example - A bag, cup, power bank or table, etc.

Products and their Types in Magento 2

6. Virtual Product

Digital goods are those that have no physical presence. So, they don't have to send, download, or deliver. These are much like simple products but without the choice of Weight. There is nothing concrete about virtual goods. Usually, they are used for items such as membership, contracts, and warrants. Digital assets can work together with packaged and grouped products

Products and their Types in Magento 2

For example - Booking, online course or training, insurance, membership, subscription and tech services, etc. You may give Customer, Installation Service, or VIP membership a two-year warranty.