Category : Sewing Machines
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Test If you work in sales and marketing, knowing about the Product Life Cycle model is almost mandatory. The model describes the stages a product goes through in its journey from creation to discontinuation.
Why do you need to know this?
Because it helps you understand why some products are only popular for a few years and others never lose appeal. Products in different stages of the cycle also demand different marketing strategies, be that for physical products or for services.
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Test If you work in sales and marketing, knowing about the Product Life Cycle model is almost mandatory. The model describes the stages a product goes through in its journey from creation to discontinuation. Why do you need to know this? Because it helps you understand why some products are only popular for a few years and others never lose appeal. Products in different stages of the cycle also demand different marketing strategies, be that for physical products or for services.
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