There are four distinctive types of consumer products: Convenience products, Shopping products, Specialty products and Unsought products. We take a closer look at convenience products and in particular shed light…
Monthly Archives
December 2020
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Stages of the Product Life Cycle – Real-Life Examples from Launch to Decline
by Max4.9K views 4 minutes readThe product life cycle describes the steps a product goes through from beginning to end until it eventually disappears from the shelves. There are four stages of the product life…