Asked by Anthony Scalisi on Sep 28, 2024

In which phase of the product life cycle would promotion needs be high and product distributions be limited?

A) decline
B) growth
C) maturity
D) introduction

Product Life Cycle

Refers to the stages a product goes through from its introduction into the market, growth in acceptance, maturity, and eventually its decline.

Promotion Needs

Requirements identified by a company to increase awareness or sales of its products through various marketing strategies.

Product Distributions

The process or strategy of making a product available for consumption by distributing it to the end consumer.

  • Identify the stages of the product life cycle and their marketing implications.