Wikipedia (https://en.wikipedia.org/wiki/Exterior_algebra) has a motivating example for wedge product.
In particular, it was written that:
$ \begin{align} {\mathbf v}\wedge {\mathbf w} & = (a{\mathbf e}_1 + b{\mathbf e}_2) \wedge (c{\mathbf e}_1 + d{\mathbf e}_2) \\ & = ac{\mathbf e}_1 \wedge {\mathbf e}_1+ ad{\mathbf e}_1 \wedge {\mathbf e}_2+bc{\mathbf e}_2 \wedge {\mathbf e}_1+bd{\mathbf e}_2 \wedge {\mathbf e}_2 \\ & =(ad-bc){\mathbf e}_1 \wedge {\mathbf e}_2 \end{align} $
It is explained that:
where the first step uses the distributive law for the exterior product, and the last uses the fact that the exterior product is alternating, and in particular $e_2 ∧ e_1 = −e_1 ∧ e_2$.
In this example, whatever happened to the term associated with $e_1 \wedge e_1$? and $e_2 \wedge e_2$?
Wikipedia doesn't say.
We have $$e_1\wedge e_1=-e_1\wedge e_1,$$ so $e_1\wedge e_1=0$.