A Brief Look On &: Product Life Cycle
A Brief Look On &: Product Life Cycle
A Brief Look On &: Product Life Cycle
• Introduction
– It start when new product is first launched. It takes time and sales growth is apt to
be slow.
• Growth
– If the new product satisfies the market, it will enter to growth stage in which sales
will start climbing quickly
• Maturity
– At some point the product sales growth will slow down and Product will enter to
maturity stage. This stage normally lasts longer than previous stages and it possess
strong challenges to marketing management.
• Decline
– The sale of most product forms and brands eventually dip, sales may plunged to
zero or they may drop to a low level where they continue for many years, this is
the decline stage.
OBJECTIVES
So As:
CONCLUSION
• In Case of Pepsi Twist it was Failed due to
– Poor Taste (59.5 % )
– Availability (26.8 %)
– Quality (Only 4.8 % out of 100)
– Due to Citrus Fanta of Coke