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What is Product Taxonomy?

A hierarchical classification system used to organise and categorise products based on their attributes, characteristics, and relationships. Product Taxonomy provides a structured framework for organising product data into logical groupings and sub-groupings, making navigation, search, and analysis much easier. It typically includes categories, subcategories, and attributes which define the core characteristics and properties of products. Establishing a standardised taxonomy enables businesses to guarantee consistency and accuracy in product classifications across different systems and channels. Product taxonomy is foundational for effective product information management, merchandising, and customer engagement strategies on a business’s digital shelf.

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