Where should I put the content?

[rainbowstore]

Is content have to with the product? Or, I can create content and link them to the individual pages, will that be beneficial?

How the homepage should be, dynamic or static?

[white knight]

Since you are promoting multiple products so I would say that a static page will be good.

And coming to your main query. You can put your content wherever that suits you. As long as the site have a clear navigation I don't see it to be much of an issue here.

[RH-Calvin]

Content with products are much more helpful from SEO point of view. The product image will help illustrate your content and rank it higher in SERPs.

[hema29]

Content with products are much more helpful from SEO point of view. The product image will help illustrate your content and rank it higher in SERPs.

Don't just make a statement. Add some value to it.

[avinash]

I will strongly recommend your homepage to be static.