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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:
- Development
- Introduction
- Growth
- Maturity
- 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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