Attributes are used in Magento to indicate the any property of product. It define the characteristics of the product.
For example,
Product Title, Product Description, Size, etc. are the attributes. The Title, Label […]

Virtual products are those products, they do not have a physical existence. They represent something that can be sold. Service, warranty, insurance policies or subscription these […]

Downloadable product, are those product that can be directly transfer to customer. There is no need to packaging, shipping to product. It is the digitally downloadable […]

Tax Configuration in Magento helps to set tax, with different product class.
You can decide here, how you want to show prices of product on Catalog page or Shopping Cart […]

Configurable Product offers the customers a variety of options. This product type enables your customers to select the variant that they want by choosing options.
For Example,
You […]

Bundle Product offers you various product by binding together. Customer have a assortment of options to select product of their choice.
For Example,
Computer in which there is […]

Simple product is a product to which we can sell individually, or in association with Configurable, Group or Bundle product.Process to create Simple Product:

• Catalog->Manage […]
  

Grouped products are those product that you can sell in a group. You can add existing product in a group and sell them. For that, you have to create […]

We can set easily Tax in Magento, for that we need to set Customer tax Class, Product Tax Class and Tax Rate. Appropriate Tax will calculate by considering the […]