Here is a homemade lexicon crafted with love by the Meaningful team.
[ Digital product ]
Digital from latin digitalis (finger or toe) used to count numerals under ten with fingers, derives from digits used to characterize computers running data in the form of digits (opposed to analogue) and Product from the latin verb producere (to grow).
A product is a material or non-material good of varying scale. It can be commercialized after being designed and produced to meet a need and or add value to the user.
Given the transition from a physical and industrial society to a service society, as well as the rise of new technologies, some products have been digitized to become part of our daily lives. This includes but is not limited to mobile applications, online services and software. Digital products differ from physical products by user experience, scale, usability and convenience.
Even though they share a similar creation process—market development for physical design and production for digital design—there is an essential difference. While the launch of a physical product in the market implies the end of the design intervention, a digital product continues to evolve after market launch. Indeed, a digital product grows, matures and reinvents itself. Ultimately, it is the designer's role to anticipate these changes.
"Don’t find customers for your products, find products for your customers."Seth Godin
a business innovation program
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