Explore BrainMass

Explore BrainMass

    relevance of product life cycle and product line extensions

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    As it relates to marketing and a company's marketing strategy, explain the relevance of product life cycle and product line extensions.

    © BrainMass Inc. brainmass.com March 4, 2021, 11:59 pm ad1c9bdddf
    https://brainmass.com/business/the-product-lifecycle/relevance-product-life-cycle-product-line-extensions-473751

    Solution Preview

    Product life cycle of a product or service is extremely important to understand because all the marketing mix elements are affected by the current life cycle of the product, such as introduction, growth or maturity stage. The competitive strategies have to be ...

    Solution Summary

    As it relates to marketing and a company's marketing strategy, explain the relevance of product life cycle and product line extensions.

    $2.49

    ADVERTISEMENT