Product Life Cycle
product life cycle The term product life cycle refers to the length of time a product is introduced to consumers into EOL in the Product Life Cycle EOL happens after the final stage of the product life cycle The product life cycle consists of five primary stages: The
Factors affecting the Product Life Cycle · 1) Technology · 2) Changing needs and tastes · 3) Economic conditions · 4) Competition · 5) Marketing The way you Generally, a product life cycle consists of product development, market introduction, growth, saturation, and decline By studying product life cycle
4Ps of Marketing Mix at Different Stages of Product Life Cycle · Launch stage · Growth stage · Maturity stage Product Life Cycle Marketing Strategies for the Growth Stage · Improving the product's quality · Adding new features or services to capture a