What Are Types of Product in Magento 2?

Types of Product can be defined as a group of goods or services that share some common specific characteristics. Different product types can be determined based on various basis such as the basis of purchase frequency (Convenience products, Shopping products, Specialty products,…) or the basis of offering (goods, services, ideas),… For Magento 2, it sets the Types of Product based on the basis of their features. There are six different types that Magento 2 users can set to their products. They are Simple Product, Configurable Product, Grouped Product, Virtual Product, Bundle Product, and Downloadable Product.

Simple Product

Simple-product

In Magento 2 platform, a simple product is a single physical good with a unique SKU. The price and other input information of a simple product can be configured through the backend of Magento 2, allowing store owners to sell variations of simple products with a single SKU. In addition, a simple product can be sold individually or combined with others to create a Group Product, a Bundle Product or Configurable Product with customized options.

Configurable Product

Configurable-product Types of Product

Like Simple product, Configurable product is also a single product. However, a configurable product has a number of options (such as size, weight, or color) to be selected before a customer can add it to card. Each option represents a separate simple product with a distinct SKU, which make it easier to control the inventory.

Grouped Product

Grouped-product Types of Product

As its name indicates, a grouped product includes a number of standalone products. A set of Yoga straps can be a good example of this Types of Product. Among a set of Yoga Straps that includes 3 straps with different length, a customer can select only one or all types of these straps for a purchase.

Virtual product

Virtual-product

Virtual products are intangible products like services, memberships, warranties, or subscriptions. In Magento 2, virtual products can be used to create grouped and bundle products.

Bundle Product

Bundle-product

Like Grouped Product, each item in a bundle product is a separate, standalone product. Nevertheless, items in a bundle aren’t just combined by fixed products like in a group but they are customized to buyer’s preferences. The bundle could be a gift basket, or computer components.

Downloadable Product

Types of Product

A downloadable product is a digital product such as a video or a pdf file . It includes files that directly reside on your server or being compressed to a URL link to download.

With these 6 Types of Product, you can confidently update products to your online store(s) and bring the best shopping experience to customers.

5 Steps to Add A Simple Product in Magento 2

In the previous article, we have discussed about different product types available in Magento 2 platform. Now we will go into more details with Simple product in Magento 2.Simple-Product

As its name indicates, a Simple Product is the most uncomplicated good or service provided to customers. In Magento 2, a Simple Product is a physical good, with a unique SKU. It can be sold individually or combined with others to create a Group Product. A Simple Product can also be included in a Bundle Product and Configurable Product with customized options.

From the backend, admin can create a simple product following the instructions below:

Step 1: Choose the product type: Simple product

  1. On the admin sidebar, choose Products. Then select Catalog under Inventory.
  2. Click on the drop-down arrow of the Add Product button (it’s on the upper-right corner). After that choose Simple Product.Add-simple-product

Step 2: Determine the attribute set

The form appears at first is for the default attribute set. Hence, you need to change the attribute set to your preference first.

In the Attribute Set field, you can either type the attribute set in the search box or choose one of the existing ones. Which attribute set you choose here will determine the form of product information you need to fill in.Select-attribute-set Simple Product

Step 3: Complete the basic settings

  1. Enable Product: Set it to “Yes” if you want to publish the new product. Set “No” otherwise.
  2. Product Name: Enter the name of the new product.
  3. SKU: You can either leave it as default (based on Product Name field) or clear it and type another one.
  4. Price: Enter the price for the product. You can also set it to more detailed by clicking on the Advance Pricing link.
  5. Tax Class: There are two options available:
  • None
  • Taxable Goods

6. Quantity: Type the current quantity of the product to the box. Like Price, the Quantity field can also be generated to more details by clicking the Advance Inventory link.

7. You can set the Stock Status to either In Stock or Out of Stock.

8. Weight: If the new product has weight to be shown, choose “This item has weight” option and enter the number to the box. Other otherwise, choose “This item has no weight” option.

9. Categories: There are two options here:

a. Choose an existing category: Click the “Select…” box and select the appropriate category for the new item. Or you can simply type the category name in the search box.

b. Create a new category:

  • Click New Category button.
  • There is a new tab open to fill the name for the new category. Choose the Parent Category after that.
  • Tap Create Category to confirm the settings.

10. Set Product as New From … To: Enter the time range that you want to set your product as new.

11. Country of Manufacture: Select the origin country for the product.Product-information Simple Product

Step 4: Complete the product information

Move downward and fill the information in the remaining fields.

Step 5: Save the new Simple Product 

When complete all the settings, tap Save & Close on the Save menu. On the upper-left corner, select the store view that you want to publish the product to.

Those are five steps to create a new simple product. It is important to remember that a simple product can be used in other product types and it can also be modified to sell many product variations from a single SKU.

In short, here are all the details about Adding A Simple Product in Magento 2 we want to share with you. Don’t forget to Like, Share, and Subscribe to Magestandard for more informative Magento extension review articles.