IPA: /ˌmʌltiˈprɒdʌkt/
KK: /mʌltiˈprɒdʌkt/
Relating to or involving multiple types of products.
The company launched a multiproduct strategy to cater to different customer needs.
Multiproduct → It is formed from "multi-" (meaning many) and "product" (from Latin "productus", meaning something produced). The word "multiproduct" refers to something that involves or relates to many products.
Think of 'many' ('multi-') products being produced ('productus') — that's what multiproduct means.
No commonly confused words.