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1 page/β‰ˆ275 words
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Style:
APA
Subject:
Business & Marketing
Type:
Essay
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English (U.S.)
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Topic:

Product Cycle Life Stories: Growth, Maturity, and Decline

Essay Instructions:

Introduction, growth, maturity and decline. Every product has a life cycle story waiting to be told. In this interactivity, you're going to document the story of a product, product category or brand that has progressed through the four product life cycle stages.-
Guided Response:
Review section 3.2 in our text regarding product life cycles.
Identify an appropriate product, product category or brand.
One that has moved through all phases of the life cycle
Do a web search for dead brands or product fads. Or use this article about bygone tech (Links to an external site.) for inspiration.
Research your brand/product/category to answer the following:
The approximate timing of each life cycle phase.
The key events that marked the start or end of each phase.
Use at least three sources.
Post this information to the discussion forum below.
In the title of your post identify your product/brand/category.
Your response must be at least 300 words and also refer to your textbook.
Use at least three sources in addition to your textbook.

Essay Sample Content Preview:

Product Lifecycle Stories
Author’s Name
The Institutional Affiliation
Course Number and Name
Instructor Name
Assignment Due Date
Product Lifecycle Stories
The product life cycle is an integral stage from which every product used to move. The primary product lifecycle stages involve introduction, growth, maturity and decline. Research and development have been the one primary thing that conceptualizes the product and also help in the prediction of its feasibility concerning the finance, production and marketing (He et al., 2019). The research and development department usually works harder to tap the market pulse and also understands the daily needs and requirement to involve in product planning. It helps in establishing the production parameters and also maps all the finances. The case analysis shows that the Nestle slim Milk case became the addition to the current product line of the packaged products by Nestle. Besides, the R and D department claims to launch milk for health-conscious and urban young professionals.
Moreover, Nestle Slim Milk is well recognized on the launc...
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