What is the importance of product life cycle concept in marketing?
Answers
Answered by
0
The product life-cycle conceptindicates as to what can be expected in the market for a newproduct at various stages. i.e., introduction, growth, maturity and decline. ... Every firm makes sale projections during introduction, growth and maturity stage of theproduct life-cycle.
Answered by
0
Answer:
Answer ♡
- The product life-cycle conceptindicates as to what can be expected in the market for a newproduct at various stages. i.e., introduction, growth, maturity and decline. ... Every firm makes sale projections during introduction, growth and maturity stage of theproduct life-cycle.
Similar questions