Stages of Product Life Cycle

 

For this assignment, choose from any two categories products that are at different product life cycle stages. Identify the product life cycle stages for your selected products and provide explanations for why you believe they are at these stages. Then, provide answers to these two questions:

  • Examine the product life cycles for your chosen two products relative to how it affects the companys marketing strategies
  • How would your suggestion be different for the two companies’ brand managers about making decisions on price, advertising, and distribution channels?

Submit a 2-3 pages paper, (excluding the title page and reference pages) double-spaced in Times New Roman font which is no greater than 12 points in size. Be sure to cite any sources in APA Format.