Glossary of Terms

What is Product Taxonomy?

Product Taxonomy Definition

Product Taxonomy is the process of organizing and classifying products in a logical and standardized manner. By doing so, businesses can create a structured hierarchy of products and categories, making it easier for customers to navigate through a company's offerings. Plus, by utilizing product taxonomy, businesses can more accurately identify and manage inventory, optimize search functionality, and ultimately enhance the overall customer experience.

Product Taxonomy Definition

Related terms

Digital merchandising is the process of using technologies to effectively display and promote products or services online.
Product assortment refers to the range of products or services you offer to your customers
Catalog management is the process of organizing and managing the various products or services you offer.
A product attribute is any characteristic or feature of a product that helps distinguish it from other products.
Master Data Management (MDM) is a method of managing the organization's critical data.
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