Grouped products are built to unite simple products related to each other for a better shopping experience. Simple products can be purchased separately and/or can be related to each other by using the 'Related Products' functionality.
However, with the help of Grouped Products you can tie products together to sell them as a fixed set. This allows the customer to shop ready-made sets (electronics, furniture, clothing..)
Build your own. Bundled products are a set of configurable products with unlimited added options.
A configurable product is a container that holds products which are tightly related, i.e. different sizes of a pair of jeans. You configure all sizes under on umbrella – The Configurable Product.
Tiered Pricing is a way to encourage customers to buy larger quantities of a product by applying discounts based on the quantity ordered. These discounts increase as the order amount is raised.
Customer Group Pricing
Customer group prices are a component of tier pricing. They are set up in a similar way. The difference is that customer group prices have a quantity of 1 and are targeted to a specific customer group.
SaaS (Software as a Service) provides access to software applications via the Internet. It is a pay-as-you-go method and allows customers to use software on an as-needed basis, without needing to install it or purchase a license.
SaaS applications can be accessed securely by multiple customers, each of whom typically pays a monthly usage fee.
The customer buys and owns a software. This entails installing the software via a hosting center which often requires a large upfront payment but is usually more cost-effective in the long run.
SQL is relational database management system (RDBMS), that supports a wide variety of transaction processing, business intelligence and analytics applications in corporate IT environments. It is a full-featured database primarily and one of the three market-leading database technologies.
Private Customer Storefronts
Private, customer-specific websites tailored to a customer's needs.
A downloadable product can be anything that can be delivered as a file, such as eBooks, music, videos, software applications, etc.