Product Life Cycle in Marketing: Essential Strategies for Product's
THB 1000.00
product life cycle The theory suggests that early in a product's life-cycle all the parts and labor associated with that product come from the area where it was invented After Introduction Stage This stage involves introducing a new and previously unknown product to buyers Sales are small, the production process is new, and cost
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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 life cycle: stages and marketing strategies · Analyze the market situation · Evaluates consumer behavior · Study the competition: · Promotions:
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