What is reference product in SAP CRM-MD - Master Data?

SAP Term: reference product

• Component: CRM-MD

• Component Name: Master Data

• Description: Data source for an individual object. Allows a product's business and technical data to be referenced when creating individual objects, thus enabling sharing and reuse of data by a large number of objects.

Smart SAP Assistant

• Key Concepts: 
  Reference product is a term used in the SAP CRM-MD Master Data component. It is a product that is used as a reference for other products. It contains all the necessary information about the product, such as its characteristics, pricing, and availability. This information is then used to create other products that are similar to the reference product. 
  
  How to use it: 
  Reference products can be created in the SAP CRM-MD Master Data component. To do this, you will need to enter all the necessary information about the product, such as its characteristics, pricing, and availability. Once this information is entered, it can be used to create other products that are similar to the reference product. 
  
  Tips & Tricks: 
  When creating a reference product in SAP CRM-MD Master Data, it is important to make sure that all of the necessary information is entered accurately. This will ensure that any products created from the reference product will have all of the correct information associated with them. 
  
  Related Information: 
  For more information on creating reference products in SAP CRM-MD Master Data, please refer to the official SAP documentation. Additionally, there are many online tutorials and videos available that can help you understand how to use this feature in SAP CRM-MD Master Data.