Product Life Cycle

Which of the following is NOT a stage of the product life cycle?

• Introduction

• Development

• Growth

• Maturity

Stage where consumers start taking to the product and buying it. 

• Introduction

• Maturity

• Growth

• Peak

Stage where marketing, promotion, and costs are at a high.

• Introduction

• Growth

• Maturity

• Decline

Stage where product sales drop significantly, and consumer behavior changes, as there is less demand for the product.

• Introduction

• Growth

• Maturity

• Decline

Second stage of the Product Life Cycle.

• Growth

• Decline

• Introduction

• Maturity

The peak of the Product Life Cycle when the product reaches its maximum potential and sales stabilize.

• Introduction

• Growth

• Maturity

• Decline

Stage where the goal is to build demand for the product and get it into the hands of consumers.

• Introduction

• Growth

• Maturity

• Decline

Which of the following is an example of a product in the DECLINE stage?

• Netflix

• Electric Cars

• iPhone 13

• DVD's

Which of the following is an example of a product in the GROWTH stage?

• MacBook Pro

• Electric Cars

• Facebook

• CD's

In this stage, saturation is reached and sales volume is maxed out.

• Introduction

• Growth

• Maturity

• Decline