Description
Product Life Cycle
The Product Life Cycle is like a snapshot in time. Pick 3 of your favorite products and identify its current Life Cycle Stage and the marketing activities they are using. Evaluate the applicability of their activities and the effectiveness of them. Provide recommendations for additional actions.
Explanation & Answer
Attached.
Running head: PRODUCT LIFE CYCLE
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Product life cycle
Student Name
Name of Institution
Course
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PRODUCT LIFE CYCLE
Product life cycle
Introduction
Product cycle is the process that occurs when a new product is introduced in the market
and various stages that it experience. A new product follows a specific outline from introduction,
growth, maturity as well as decline. The cycle affects the marketing situation and the changes
made in the organization since some changes are enacted to promote the new product sale. The
critical stages in the process of product cycle include introduction stage, growth stage, maturity
stage as well as decline stage. Apple products are in different stages in terms of the life cycle of
the products. My research is a qualitative analysis of various stages of apple products.
Product one:
The red colored iPhone
The red colored iPhone is a product from apple firm. The product was recently
introduced in the market, and therefore the product is in the introduction stage. The product has
faced several challenges and opportunities which are common ...