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Parent Product (Product Group)
Product group refers to a parent of the product or a product group. For a parent product, always use product Template with the type as product group.

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Product group refers to a parent of the product or a product group. For a parent product, always use product Template with the type as product group.
| Available in: Lightning Experience in Performance, Enterprise, and Unlimited Editions that have Consumer Goods Cloud enabled |
Product or product groups are differentiated by using the record type and are mapped to the corresponding product templates. As a result, a product or product group must be assigned to a Product Template. Both product group and product are stored in the standard Product2 object.
A product or product group can only have one parent product, but each product group can contain multiple subgroups or multiple individual products at the lowest level.

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