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प्रश्न
In declining stage of PLC, which tool would be more preferred?
विकल्प
Sales promotion
Personal selling
Advertising
Publicity
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उत्तर
Sales promotion
Explanation:
During the declining stage of the Product Life Cycle, sales promotion is often the preferred tool because it can quickly stimulate demand and clear out remaining inventory. Tactics like discounts, coupons, and special offers are used to attract customers and encourage them to make a purchase, helping the company maximize remaining profits before discontinuing the product.
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संबंधित प्रश्न
Justify the following sentence for or against and give a reason:
Product differentiation is the main aim of branding.
The following are all major stages of a product life cycle except ______.
The strategy of selective distribution may be employed during ______ stage of product life cycle.
How is the product life cycle advantageous?
Explain the first two stages of product life cycle.
Explain the maturity stage of the product life cycle.
Explain the decline stage of the product life cycle.
Explain the abandonment stage of the product life cycle.
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
"Introduction Stage in a product life cycle is not very risky." Justify either or against.
