A set of characteristics with the ability to exchange or use, usually in a mixture of tangible and intangible forms. Thus, the product can be an idea, a physical entity or a service or any combination of them. The goods exist for satisfactory exchange for personal or organizational purposes.

Yes, products are usually a set of features that have both visible and invisible appeals. These features can create value for the customer in terms of quality, price, appearance, performance, technology features, after-sales service, etc. 
45 $DEGEN