Unlisted products would be beneficial to customers who receive requests for exclusive products/ product kits which aren't standard products that should be available to browse to on the website by any user. This unlisted functionality could be utilized in the sense that only users with the product SKU or product page link would be able to add that product to their basket. This would keep certain products exclusive and could limit the amount of orders for them.
There is a feature in the CRM for "product restrictions". This can be applied on the website too.