Office salaries are not a cost element in manufacturing a product.
A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber forms. All products are made at a price and sold at a price. The price charged varies by market, quality, marketing, and target segment. Every product has a useful life that requires replacement and a life cycle that requires reinvention.
In fast-moving consumer goods lingo, a brand can be revamped, reintroduced, or expanded to make it more relevant to a segment or time, but often the product remains largely the same. The product must have a name. A name that people can remember and identify with. A product with a name becomes a brand. Helps you stand out from the confusion of products and names.
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