I use this product to reduce skin irritation when using my indoor bike. I was having some real problems with chafing until I started using Chamois butter. Problem solved!
I like the cooling feel of the European style cream, but it's not for everyone. Try a tube for yourself.
I've been using this product for a long time. For those new to chamois butters they make a big difference in avoiding sores and chafing. I greatly prefer the European version.