Product Life Cycle in Marketing: Essential Strategies for Product's

product life cycle  Key Takeaway The product life cycle helps a company understand the stages a product or service may go through Marketers use the product life cycle to follow this progression and identify strategies to influence it The product life cycle starts with the product's

The product life cycle is the course of a product‟s sales and profits over its life time and it involves five distinct stages, viz , product development, The product life cycle is a fundamental concept that maps out the journey of a product from its inception to its eventual exit from the market

Key Takeaway The product life cycle helps a company understand the stages a product or service may go through The product life cycle is divided into four total stages, including development and introduction, growth, maturity, and decline The stages of