Influencers On Product Life Cycle



What influences the P.L.C?

Introduction

  • Risk
  • Product Advantage
  • Barriers to adoption
  • Cost / price benefit
  • Marketing

Growth

  • Price performance ratio
  • Influence on repeat purchase
  • Impact of competitors
  • Speed of growth

Maturity

  • Expanding market potential
  • Buyer learning on impact of marketing stimuli
  • Competitive turbulence

Decline

  • Least favorable markets or fashion goods
  • Market “petrifaction”, good long run sales