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Product Life Cycle

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Written by:

Sonia K


Date added:

November 22, 2015








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5 / 1170


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It is established that all products usually decline whether it is prolonged or not. As we’ve seen in recent years with products like computers as they get out dated, and the ever so famous VCR’s, many products are innovated or reinvented in order to stay part of the struggling epidemic to milk a product for the most money it can generate...
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Companies also face the threats of changing in customers tastes, advanced technologies, competition, and adaptations to the spread of new markets. Marketing experts have named the life of a newly developed product a “ product life cycle” due to its statistical views as we’ve established in life that history has a way of repeating it’s self...
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