Stages of Product Life Cycle

Consumer Behaviour / Marketing Management

Stages of Product Life Cycle

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Stages of Product Life Cycle The Product Life Cycle describes the stages a product idea goes through from beginning to end. Following are the stages of product life cycle: Introduction Stage In the market introduction stage, sales are low, as a new idea is first introduced to a market. Customers aren’t looking for the product.

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Consumer Behaviour / Marketing Management

Product Life Cycle: Meaning, Stages, Shapes, Assumptions, Characteristics, Problems

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What is Product Life Cycle

What is Product Life Cycle? The product life cycle is the process a product goes through from when it is first introduced into the market until it declines or is removed from the market. The life cycle has four stages: introduction, growth, maturity, and decline. In other words, The product life cycle is an important

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