The Product Life Cycle

The Product Life Cycle product life cycle The product life cycle is an important concept in marketing It describes the stages a product goes through from when it was first thought production supervisor The product life cycle is the progression of a product through 5 distinct stages—development, introduction, growth, maturity, and decline The concept was

production supervisor What is the Product Life Cycle ? The PLC is the progression of the product across the timeline right from its introduction in the market

life quotes If a new product is introduced successfully, then the second stage of the product life cycle is growth The rate of growth will depend on things Product development is the initial stage of the product life cycle It requires market research and product research to gauge demand, interest,