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What is a Product? Demystifying the Foundation of Product Management

  • A product is anything that can be offered to a market to satisfy a want or need, which includes physical objects and intangible offerings.
  • Key characteristics of a product include fulfilling a specific need or desire for a target audience.
  • Understanding the concept of a product is crucial for aspiring product managers to excel in their careers.
  • To become a product-minded individual, one needs to think critically and be curious about the solutions to problems and needs.

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