The word mark, followed by number, is a method of designating a version of a product. It is often abbreviated as Mk or M. This use of the word possibly originates from the use of physical marks made to measure height or progress. Furthermore, by metonymy the word mark is used to note a defined level of development or a model number.
Two Ford Mondeo sedans, a Mk II (grey, left) and a Mk III (blue, right)
VW Golf Mk III
In marketing, a product is an object, or system, or service made available for consumer use as of the consumer demand; it is anything that can be offered to a market to satisfy the desire or need of a customer. In retailing, products are often referred to as merchandise, and in manufacturing, products are bought as raw materials and then sold as finished goods. A service is also regarded as a type of product.
Products on shelves at a Fred Meyer hypermarket superstore