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S3C7A5 What is the strategy involved in the growth stage?


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Season/Course 3: Product & Services

Chapter 7: Product Life Cycle (PLC)

Abstract 5

What is the strategy involved in the growth stage? Marketing strategies used in the growth stage mainly aim to increase profits. Some of the common strategies to try are: improving product quality. adding new product features or support services to grow your market share. Let's understand this strategy in more detail in this episode.

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