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What is the product life cycle

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Reference no: EM131320921

1. What is the product life cycle? Why is it important for marketers to know in which stage their product resides?

2. Give an example of a product which, in your opinion, resides in the Introductory stage, a product example for the Growth stage, a product example for the Maturity stage, and a product example for the Decline stage.

Reference no: EM131320921

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