Product Life Cycle

Introduction stage

More expensive

Competitive sector

It is not an advantage for the buyer

Growth stage

sales and the profit are higher

Advantages for the seller ad the buyer

It makes possible to invest money to maximize and to improve the potential

Maturity stage

The product is established on the market

the most competitive moment for the product

the business should improve the product

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

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.

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