All stages of product life cycle
Product Life Cycle stages
The stage
of a product is an art more than a science, but it's possible to find patterns
in some of the general product features at each stage. Identifying product
stages when the product is in transition is very difficult
|
Identifying
features |
Stages
|
|||
|
Introduction
|
Growth
|
Maturity
|
Decline
|
|
|
Sales
|
Low
|
High
|
High
|
Low
|
|
Investment
cost
|
Very
high
|
High
(lower than intro stage)
|
Low
|
Low
|
|
Competition
|
Low or
no competition
|
High
|
Very
high
|
Very
High
|
|
Profit
|
Low
|
High
|
High
|
Low
|
Product
life cycle at different stages
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