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Essay Details:
Essay text:
The stages are Introduction, Growth, Maturity, Decline and Withdrawal.
I am going to explain each stage with the help of the I-pod made by Apple and give certain strategies they have followed in respect to the flow of the product through various stages in the Product Life Cycle chart.
Introduction
In this stage the product is launched and making profit is not the real motive. It is more to do with awareness. The apple I-pod was launched in 2001 and gave Apple Inc. an edge over all its competitors. Apple was able to charge a premium price and make huge profits with this product. Since this product had no direct competitors it was sought after by all age groups in the society...
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Common topics in this essay:
- Decline stage of Product
- 5 innovative product and their marketability
- Apple Product Life
- Apple'S History And Product Lines
- EXPERIAN – Entering a new market with a new product
- Examining The Impact Of Product Attributes On Perception Towards Brand Product
- Introducing New Product into Foreign Market
- L'Oreal product line decline
- Marginal utility theory, product differentiation, and revenue/profit maximization
- Market analysis for product software
- Market-Product Grid for Potato Chips
- PRODUCT LIFE CYCLE AND INTERNATIONAL PRODUCT LIFE CYCLE ECONOMIC AND MARKETING PERSPECTIVES
- Product Life Cycle Analysis for the Apple iPod
- Product Life Cycle And International Product Life Cycle Economic And Marketing Perspectives
- The 4 Market Position and an example of a product
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