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Product Life Cycle
There are many products Electronic goods have become
available in supermarkets obsolete in a shorter period of
today that were not available a time due to rapid technological
decade ago. There are other improvement. Technological
products and brands that were devices appear to have a short
available a decade ago but are lifespan.
no longer available in Every product that is released into
supermarkets. the market must go through its
A video cassette player, for own life cycle. This leads us to
example, is today rather consider the second aspect of a
product, which is the product life
difficult to come by, despite
cycle.
being a popular item in the
past. This is due to the DVD
player's replacement of the
video cassette player.
Credit : https://marketing-insider.eu/product-life-cycle-stages/
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