Question
Product Lifecycle Activity 1) For each of the following stages of the product life-cycle:introduction, growth, maturity and declinechoose a product that is currently inhabiting that
Product Lifecycle Activity
1) For each of the following stages of the product life-cycle:introduction, growth, maturity and declinechoose a product that is currently inhabiting that space. Each stage has a different product. So, you'll need 4 different examples. Also, be brand specific (i.e Tesla, Apple Watch, etc.)
2) For the product you chose for the maturity stage, write a synopsis outlining the causes for the product's decline. (Be detailed with lot's of content!)
3) Come up with at least 3 recommendations on how the product can extend their overall lifespan and delay possible decline. Discuss why you feel your recommendations are viable. Please have the most content on part 2.
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