Sign up to save your podcasts
Or
Share S3C7A8 What is the decline stage in PLC?
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
S3C7A8 What is the decline stage in PLC?
Season/Course 3: Product & Services
Chapter 7: Product Life Cycle (PLC)
Abstract 8
What is the decline stage in PLC? Eventually, as competition continues to rise, with other companies seeking to emulate your success with additional product features or lower prices, so the life cycle will go into decline. The decline can also be caused by new innovations that supersede your existing product, such as horse-drawn carriages going out of fashion as the automobile took over. Let's understand this marketing concept in more detail in this episode.
For more awesome learning about marketing visit learn.admybrand.com for booking ads and for gaining first-hand experience in marketing visit admybrand.com
View all episodes
By Learn with ADmyBRANDSeason/Course 3: Product & Services
Chapter 7: Product Life Cycle (PLC)
Abstract 8
What is the decline stage in PLC? Eventually, as competition continues to rise, with other companies seeking to emulate your success with additional product features or lower prices, so the life cycle will go into decline. The decline can also be caused by new innovations that supersede your existing product, such as horse-drawn carriages going out of fashion as the automobile took over. Let's understand this marketing concept in more detail in this episode.
For more awesome learning about marketing visit learn.admybrand.com for booking ads and for gaining first-hand experience in marketing visit admybrand.com