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Explain the product life cycle of the brand Nokia in 5 stages, as below: Development Introduction Growth Maturity Decline Give the time duration of each

Explain the product life cycle of the brand Nokia in 5 stages, as below:

  1. Development
  2. Introduction
  3. Growth
  4. Maturity
  5. Decline
  • Give the time duration of each stage with the sale volume.
  • Explain the 5 stages of the product life cycle.
  • Briefly describe their product life cycle strategies on product, price, distribution, and promotion based on the 5 stages above.
  • Concise the current marketing strategies
  • Why did this brand fall off the market?
  • Conclusion and recommendation

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