please help me with this branding assignment.

Introduce a brand extension to Porsche that would fit within the product line.

View the product life cycle below and provide an example of a product for each stage. For the product you selected in the growth stage, describe how you could improve it.

Product Life Cycle Marketing Strategies MATURITY . Convert non-users (pursue new customers) . Enter new market GROWTH segments . Increase product DECLINE . Maintain or slightly usage through more increase promotional frequent use or . Increase firm's expenditures additional investment to INTRODUCTION . Lower prices to applications dominate the market appeal to price- . Improve the product Maintain firm . Inform potential sensitive buyers investment until customers . Modify marketing uncertainties are . Induce product trial . Improve product programs resolved quality, add new features Find niche . Secure distribution in . Decrease firm investment by retail outlets . Add new Markdown prices dropping . Focus on higher- models/accessories . Increase advertising unprofitable income groups . Enter new market and promotions customer groups, . Prices set high due to segments . Increase R&D for while increasing high costs. investment in . Increase distribution product improvements or line profitable groups . Shift to product- extensions . Milk the investment preference advertising . Supply product for for cash private-label branding . Divest the line