question 1 A product has life cycle is an important tool for marketers,management and designer alike .it can be broken into four(4) individuals stages of a products life and offer guidance in developing company strategies. a)by distinguishing each characteristics of stages of a product life cycle ,explain how markets use this tool to promote their product in the marketplace b)suggest marketing strategies for the newly introduced robot cleaner,based on the product life cycle concept
question 1 A product has life cycle is an important tool for marketers,management and designer alike .it can be broken into four(4) individuals stages of a products life and offer guidance in developing company strategies. a)by distinguishing each characteristics of stages of a product life cycle ,explain how markets use this tool to promote their product in the marketplace b)suggest marketing strategies for the newly introduced robot cleaner,based on the product life cycle concept
Contemporary Marketing
18th Edition
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Louis E. Boone, David L. Kurtz
Chapter12: Developing And Managing Products
Section12.5: Marketing Across The Product Lifecycle
Problem 1LO
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question 1
A product has life cycle is an important tool for marketers,management and designer alike .it can be broken into four(4) individuals stages of a products life and offer guidance in developing company strategies.
a)by distinguishing each characteristics of stages of a product life cycle ,explain how markets use this tool to promote their product in the marketplace
b)suggest marketing strategies for the newly introduced robot cleaner,based on the product life cycle concept
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