PRODUCT LIFE CYCLE STAGES

We are here to educate on the product life cycle stages and help people understand the strenths and weaknesses of this concept. By explaining the product life cycle stages, we clearly define the phase, each with its own characteristics that will have different impact on each reader depending on their particular situation. We discuss introduction, growth, maturity and decline... And the Product Life Cycle model does have its flaws. We cover that as well in the challenges section of our site. To understand the difficulties of using the Product Life Cycle Curve, just look at it in a little more detail and you will find that profit as well as revenue should be a key component of your analysis... The product life cycle stages are 4 clearly defined phases, each with its own characteristics that mean different things for business that are trying to manage the life cycle of their particular products. Stages include introduction, growth, maturity and decline and are explained in detail here.