Product Life Cycle
The period of time over which an item is developed, brought to market and eventually removed from the market. First, the idea for a product undergoes research and development. If the idea is determined to be feasible and potentially profitable, the p...
What Are Product Life Cycles?
The life cycle of a product is the time period from when a new item is introduced to the public until it is no longer in demand. The product life cycle is divided into four stages to include: the introduction of the product, its growth in demand, the...
Product life-cycle management (PLM) is the succession of strategies by business
management as a product goes through its life-cycle. The conditions in which a ...
The product life cycle stages are 4 clearly defined phases, each with its own
characteristics that mean different things for business that are trying to manage
Stages of the product life cycle, including their impact on marketing mix decisions
The product lifecycle is the collective stages that a product goes through from its
conception and design through to its ultimate disposal. The lifecycle stages are ...
What is the product life cycle? The product life cycle is an important concept in
marketing. It describes the stages a product goes through from when it was first ...
Definition: Product life cycle (PLC) is the cycle through which every product goes
... In this stage, there's heavy marketing activity, product promotion and the ...
The product life cycle describes the period of time over which an item is
developed, brought to market and eventually removed from the market. The cycle
Most alert and thoughtful senior marketing executives are by now familiar with the
concept of the product life cycle. Even a handful of uniquely cosmopolitan and ...