Multiple tags in campaign fields

Hi,

Is there a possibility to use campaign fields such as "Product" field similar to a tags filed in the screenshot below. The idea is

• to select combination of tags in one field (say from a list of 20) rather than create many custom fields ( say 4-5 fields & 4-5 selection options) and have separate list for each field
• to use any of the selected tag for campaign reporting (in the insight section), or a combination of these tags to filter the report metrics

Thanks

Amit