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S3C7A9 What is the strategy involved in the decline stage?


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Season/Course 3: Product & Services

Chapter 7: Product Life Cycle (PLC)

Abstract 9

What is the strategy involved in the decline stage? This strategy includes lowering the price. This way some products that have entered the decline stage can return the leap in conversions for some period without changing anything in their product. Let's understand this strategy in more detail in this episode.

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