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Established Products and Their Place in the Product Life Cycle

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Please help me with these steps. Thanks!

Step 1: Pick two products that are available in the marketplace.
The first product should be well-established (available for many years) from a well-established company. The second product should be a new product, recently released, from a young company.

Step 2: State where you believe each product lies in the product life cycle.
Be sure to clearly state how you came to the conclusion for each of your four products.

Step 3: Comment on organizational processes that led to each product's development.
Speculate as to how you believe the product development processes are different and similar between the two organizations (one well established and one new). Consider issues such as approvals, timing, and organizational design.

Step 4: Pick two products that failed in the marketplace.
These can be products that recently failed or that failed a long time ago.

Describe where the product was in the product life cycle when it failed and speculate as to why it was not successful.

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Step 1: Pick two products that are available in the marketplace.

You have many options you could use in this step. Products that have been available for a long time include computers, cell phones, certain baby toys, etc. You may want to use a well-known product, like the iPhone.
It would be a good choice because the features, marketing, and various strategies for the product are also well-known due to the iPhone's popularity.

For a product that's new, I would pick something just out on the market, brand new. The Table PC is a good choice, and it's a choice few others will likely have. You could also search the web to find products that are labeled as "new and noteworthy." This would give you a good ...

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Describe the pace at which your product will move through the product life cycle and the factors that will impact its movement.

Describe the pace at which your product will move through the product life cycle and the factors that will impact its movement:

The product is a new state of the art driving range as an elite service

The following is the product detail:

The proposed driving range will be contained within a 48,000 square foot domed roof facility. The primary part of the facility will be the arc-shaped driving range field. The field's maximum length will be 200 yards to the center of the arc and will have yardage markers on the edge of the arc to help define driving length. The main field will consist of six target greens ranging in length from 50 to 150 yards. Each green will have colored flags to identify the distance and to aid in shot targeting.
The 60 tee boxes will be eight feet wide and four feet deep to provide the optimum swing area for each patron. Each tee box will be equipped with Softgrass golf mats containing plastic tees for driving and an insert for using normal wooden tees. The tee box mats will also provide a grassy surface to practice iron play. For added safety, two-foot high fence guards will protect the sides of the tee box from an accidental mishit from other patrons.
In addition to the tee boxes, there will be two 10-foot diameter practice sand bunkers located on the opposite ends of the tee boxes. Four 30-foot wide, ten-foot deep instructional areas equipped with video and swing analysis equipment will end cap the practice tee area. Separated 20 feet behind the practice tee area will be the chipping and putting areas.
The 90-foot long by 45-foot wide chipping area will have varied thickness Softgrass fringes for practicing different situational lies. Hanging netting will encase the chipping green area to protect other patrons from errant shots. The 45-foot long, 45-foot wide putting green will have multiple target holes on a partially undulated surface for practicing straight puts as well as puts that will break.
A timesaving item contained in the practice area will be an automated ball-dispensing machine. This machine uses a magnetic-stripe card reader that allows patrons to dispense one of three offered quantities of golf balls according to the available balance on their prepaid cards. The dispenser will be equipped with high-performance range balls to aid in assessing a patron's golf swing.
The final item available in the driving range facility will be demo equipment for patrons to sign out. Vendors will supply the range with the newest models of their product line for customers to try out and see if it might be a club they would to add to their bag.

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