Digital Products

Business products are products and services that companies purchase to produce their own products or to operate their business. Unlike consumer products, business products are classified on the basis of their use rather than customer buying habits. These products are divided into six subcategories: installations; accessory equipment; raw materials; component parts and processed materials; maintenance, repair, and operating supplies; and business services. Business products also carry designations related to their durability. Durable business products that cost large sums of money are referred to as capital items. Nondurable products that are used up within a year are called expense items.