With this dropdown list you can choose how display your WooCommerce products.
This is the default WooCommerce visualization, with the product gallery on the left, the sales information on the right, and other information organized in tabs.
With this option you can create a one page for your product. Set it up with Rexpansive Builder.
In this input text you can define a redirect for your product. For example if you just want to display it in your shop, but you have a specific page for its description.