In marketing, a product is anything that can be offered to a market that might satisfy a want or need. In retailing, products are called merchandise. In manufacturing, products are bought as raw materials and sold as finished goods. Commodities are usually raw materials such as metals and agricultural products, but a commodity can also be anything widely available in the open market. In project management, products are the formal definition of the project deliverables that make up or contribute to delivering the objectives of the project. In insurance, the policies are considered products offered for sale by the insurance company that created the contract.
When any of the technology-driven improvements in customer service contribute to long-term customer satisfaction, they can ensure repeat purchases, improve customer relationships, increase customer loyalty, decrease customer turnover, decrease marketing costs (associated with customer acquisition and customer "training"), increase sales revenue, and thereby increase profit margins.
The interactions between different molecules or ions may be energetically favored or not. If interactions are unfavorable, then the free energy decreases with increasing solute concentration. At some point the energy loss outweighs the entropy gain, and no more solute particles can be dissolved; the solution is said to be saturated. However, the point at which a solution can become saturated can change significantly with different environmental factors, such as temperature, pressure, and contamination.
