You need to explain the problem you're solving first, not how the product works. Is it a product that collects events? Even with your explanation above, I still can't tell.
Use this for inspiration: https://imgur.com/a/TH8I5rs
Use this for inspiration: https://imgur.com/a/TH8I5rs
No the product is placed in the development flow before the implementation of the events. It is for organisation of the events you want to track.