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Theory suggests that products go through a typical life cycle including Development with no customers, launch, early adoption, growth, through to maturity when the product has the most customers, into decline and onto eventual withdrawal.
The product life cycle is sometimes drawn as a curve heading from nothing on the y axis, progressing at an excellerated rate until growth slows down in maturity onto a decline.
There are also different types of life cycles from memory. The different types usually involve the length of the cycle, but there are interesting occurances of double growth spells and products that are fas and go striaght from growth to decline with very little maturity.
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Is e-business likely to be more beneficial in the early part or the mature part of a product life cycle?
E-business is more likely to be more beneficial in the early part of a product's life cycle. E-business strengths include flexible pricing, promotions, and product portfolios and greater speed in disseminating product information. Later in the life cycle, a product is likely to be a commodity, which doesn't play to the strengths of this channel
What are the advantages and disadvantages of life cycle analysis and product costing?
The advantages of the product life cycle concept is that it provides a basic structure that allows you to see where you are, and what lies ahead. R u doing ur ICDM assignment? I may help u..pls contact 0134002000...Mr Lim.
What are the limitations of a product lifecycle?
A product life cycle is not very helpful for future events and it suggets that all products are predictable. It is usually very dificult to attribute a timescale to the PLC and it does not always recognise life cycles are getting shorter. Managers should be careful when deciding a product is in decline as some prophecies might be self inflicted.
What does BLC stand for?
Business Life Cycle
What is data life cycle?
Data life cycle refers to the time from creation and the initial storage of data to the time that the data becomes obsolete and it is deleted. Data life cycle management is the approach to managing data using automated processes to organize data in a system.
Product life cycle of dove?
Product life cycle of dove?
What are the factors that shorten the product life cycle?
factors affecting product life cycle
What is the product life cycle stage for nike mercurial vapors?
in what stage of nike life cycle is this product ?
What was Cadburys dairy milk product life cycle?
It's in the maturity stage of the product life cycle
How does a project life cycle differ from a product life cycle?
The product life cycle represents the amount of revenue a product generates over time, from its inception to the point where it is discontinued. A project life cycle measures the work that goes into a project from beginning to end. The phases in product life cycle are initiation, planning, execution, and closure.
What is the product life cycl life cycle of pepsodent?
life cycle of pepsodent paste ..
What is product life cycle?
maturity
Why does the marketing mix change as the product moves through its life cycle?
Because the product life cycle is fixed at 20 years.
At what point in the product life cycle is informational advertising useful?
Thus, informational advertising is used early in the product life cycle.
What is the product life cycle of pepsodent tooth paste?
life cycle of pepsodent paste ..
What is product and service in a business?
product and service in your life cycle
How does the concept of product life cycle apply to Regal Marine products?
How does the concept of product life cycle apply to Regal Marine products?
