The idea of the vital cycle of the product is something that the manufacturers have to bear in mind to do a profit and to be supported on the market
all products have a life cycle, i.e., the time that elapses from the moment they are put on the market until they are removed.
Product Life Cycle
Decline stage
the product has less opportunity to be bought
The buyers have already acquired the product earlier or have changed to another product
is something inevitable
even that there are companies that to avoid it make expensive methods of production and cheaper markets
Maturity stage
the business should improve the product
the most competitive moment for the product
The product is established on the market
Growth stage
It makes possible to invest money to maximize and to improve the potential
Advantages for the seller ad the buyer
sales and the profit are higher
Introduction stage
It is not an advantage for the buyer
Competitive sector
More expensive
