Discuss a product you are familiar with. What stage is your selected product currently at in the product life cycle? Provide rationale for your answer. I would like to about Samsung phones.
Samsung Phones is in growth Stage of Product life cycle because the penetration rate of smartphones in developing countries are very low and has a huge potential for growth. Moreover,in developed and developing countries people now own multiple phones or one phone for each member of the family which indicates that there is hue potential for growth and Samsung being one of the pioneers in technology and high end smartphones even there has been tough competition from many brands entering to tap this growing market.
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Discuss a product you are familiar with. What stage is your selected product currently at in...
Discuss a product you are familiar with. Based on your knowledge of the product life cycle, what types of changes will occur to your selected product as it continues through the product life cycle? How will this affect the marketing of your selected product? (Iphone)
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