What is Product Catalog in CRM and Where it is used?

Question: Hi, What is Product Catalog in CRM and Where it is used? I am seeing some pricing condtion info on that. got confused? where is it used?

Answer:
The catalogue is used to structure your materials in logical groups. You utilize building blocks that in turn can carry their own attributes, documents, MIME-objects etc.

Usage is predominantly in Internet Sales, but you can also access the catalogue for other purposes
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