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There are Four major market stages in a defined Market life cycle. Introductory, Growth, Market, and Decline. You cannot ignore the declining stage since there are some companies who focus on these markets as a business strategy and realize reasonable profits from them such as Arista and later Rihno Records.

Their strategy is to buy up old copyrights to songs in a decline that are no long playing on the radio and compile them for sale as nostalgia.

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13y ago

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