Examine the product life cycles for your chosen two products
relative to how it affects the...
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Examine the product life cycles for your chosen two productsrelative to how it affects the company’s marketing strategies
How would your suggestion be different for the two companies'brand managers about making decisions on price, advertising, anddistribution channels?
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Usually from the development of a product to its decline in value and eventual retirement from the market the product suffers four stages which is called as product life cycleThe four stages are introduction growth maturity and decline Various marketing strategies may be implemented in order to prolong the life cycle during each stage Growth phase ExampleTesla Model S car is in its growth phase Electric cars still need to convince
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