Back

Aadi Karani

Learning is key to s... • 1y

Hey guys yesterday we learnt about Product now let's learn about product life cycle.There are main 4 stages INTRODUCTION,GROWTH,MATURITY,DECLINE. Let's learn about these 4 stages. 1.INTRODUCTION- In this stage the product is just launched into the market,And identifies its market/PMF.It is the initial stage hence sales are very low but marketing is done on its peak for awareness 2.GROWTH- In this stage the the product experiences rapid sales growth as more consumers adopt it. Market acceptance increases, leading to expanding market share and higher profits. 3.MATURITY-In the maturity stage, sales stabilize as the market becomes saturated and competition intensifies. Companies focus on maintaining market share through pricing strategies, product improvements, and marketing efforts to retain loyal customers. 4.Decline-In this stage the sales & pr decline due to changes in tech,Consumer behaviour,etc. These are 4 major stages in PLC Follow me for this type of content! And upgrade urself

2 Replies
8
Replies (2)

More like this

Recommendations from Medial

Only Buziness

Business enthusiasti... • 6m

Have you ever listened about product saturation or maturity stage of the product ? little bit confused by this term , right! . Product life cycle means the stages which a product goes through from the launch to eventually removed out of the market ,

See More
Reply
3
Image Description
Image Description

Atharva Deshmukh

Daily Learnings... • 5m

Today I will be writing about the Product Development Lifecycle There are 5 stages of the Product Development Lifecyle: 1) Development 2) Introduction 3) Growth 4) Maturity 5) Decline Development: Earlier, it was considered that development only in

See More
6 Replies
1
5
Image Description
Image Description

Batalar singh

#Learning stage #sta... • 1y

Learning phases for startup 1. Pre-seed stage 2.Seed stage 3.Early&startup stage 4.Growth stage 5.Expansion&Maturity stage 6.Exit stage

7 Replies
10
12
Image Description
Image Description

Startup Savvy

Entrepreneur is What... • 1y

Stages of A Startup 1)Ideation Stage 2)Planning Stage 3)Commitment Stage 4)Pre Seed Stage 5)Validation Stage(Pivot) 6)Seed Stage 7)Series Stage A/B/C/D................n 8)Growth Stage 9)Scaling Stage OR 9) Exit Stage

2 Replies
7
11
1
Image Description
Image Description

Ronak Patel

Here you go! • 5m

Do you think? The core business of Zomato of delivering food has completed its growth stage and is currently at maturity stage? Zomato has conquered the losses and entered the profitable stage in the last few Quarters, but in the recent quarter the

See More
22 Replies
16
23
Image Description

Atharva Deshmukh

Daily Learnings... • 5m

BCG Growth Matrix is a framework for analyzing a company's product portfolio. There are 4 quadrants, each of which represents a particular product or business, the vertical axis represents market growth (cash generation) and the horizontal axis repr

See More
4 Replies
5
Image Description

Thakur Ambuj Singh

🚀 Entrepreneur | Re... • 3m

🚀 Competitive Life Cycle 🔬 Innovation – The stage where new ideas, products, or services are developed. Teams brainstorm, experiment and bring something unique to the market. 📈 Growth – Demand increases and businesses expand. Scaling up operatio

See More
2 Replies
2
7

Trideb Dey

Explorer • 10d

All are concerned about product development, but none about product sales. In Western Market the founders works on pre sales just by creating a video render of the product and test the product-market-fit. Anyone who knows about pre sales text me.

Reply
3
Image Description

Rocktim Ranjan

CEO at @muhura • 1y

If I divide a business into three stages: Stage 1 - 0-2 years of introducing and convincing people about their products while trying to establish a presence in the market. Stage 2 - 3-5 years of scaling and growing in the market. Stage 3 - Maintai

See More
1 Reply
5

Download the medial app to read full posts, comements and news.