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S3C7A6 What is the maturity stage in PLC?


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Season/Course 3: Product & Services

Chapter 7: Product Life Cycle (PLC)

Abstract 6

What is the maturity stage in PLC? At this point, a product is established in the marketplace and so the cost of producing and marketing the existing product will decline. As the product life cycle reaches this mature stage there are the beginnings of market saturation. Let's understand this marketing concept in more detail in this episode.

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