Product Life Cycle

Product Life Cycle

Tell me where your product falls in the PRODUCT LIFE CYCLE?

It can be said in relation to this case that till the time our product had 25% of the market share, it was in the maturity stage. This is said because of the fact that the product had the same share in the market for 4 years, without any further growth or decline in it. The share of the product had stayed stagnant, as it had reached its extreme, in terms of growth. On the other hand, regarding the fall in the market share of the product, ...