Back

Only Buziness

Business enthusiasti...ย โ€ขย 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 , Mainly this helps a marketer and founder to understand about the preferences of the market The Product Life Cycle (PLC) has four stages: 1. Introduction: Product is launched, sales are low, and costs are high. 2. Growth: Sales increase, profits grow, and competition rises. 3. Maturity: Sales peak, market saturates, and competition intensifies. 4. Decline: Sales drop, profits shrink, and the product may be discontinued. It helps businesses plan marketing, pricing, and production strategies. If you want to know more please visit Onlybuziness.in

Reply
3

More like this

Recommendations from Medial

Image Description
Image Description

Aadi Karani

Learning is key to s...ย โ€ขย 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 ma

See More
2 Replies
8
Image Description
Image Description

Atharva Deshmukh

Daily Learnings...ย โ€ขย 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

Trideb Dey

Explorerย โ€ขย 12d

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

Thakur Ambuj Singh

๐Ÿš€ Entrepreneur | Re...ย โ€ขย 3m

๐Ÿš€ Competitive Life Cycle ๐Ÿ”ฌ Innovation โ€“ The stage where new ideas, products, or services are developed. Teams brainstorm, experiment and bring something unique to the market. ๐Ÿ“ˆ Growth โ€“ Demand increases and businesses expand. Scaling up operatio

See More
2 Replies
2
7

Shivanshu Shukla

Founder at College X...ย โ€ขย 9m

"Stages of the Market Research Process"

Reply
2
5
Image Description
Image Description

Dr Bappa Dittya Saha

We're gonna extinct ...ย โ€ขย 11m

99% of Indian entrepreneurs are just focusing on marketing and sales! Manipulating human behaviour to do sales isn't cool! The foundation of great marketing lies in the product. When I pitch to my potential clients I just ask one thing - Do you th

See More
5 Replies
2
2

Gopi Nath

Hey I am on Medialย โ€ขย 6m

hello everyone ๐Ÿ‘‹ everyone started your own business anyone started product or face cream or anything i increase your sales and your brand and grow your business my team New business stages using generate your sales increase just few week

See More
Reply
2

Astrophile

ย โ€ขย 

SARPVย โ€ขย 6m

Life changes often. Each cycle comes with unique pain and joy. Hold on a little longer because life is always moving forward to new stages. Astrophile

Reply
5
Image Description
Image Description

Ronak Patel

Here you go!ย โ€ขย 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

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