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प्रश्न
Which stage of Product Life Cycle has a greater emphasis on customer service?
विकल्प
Introduction stage
Maturity stage
Growth stage
Decline stage
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उत्तर
Growth stage
Explanation:
During the growth stage, a product gains quick market acceptability and an influx of new users. To differentiate itself from a new wave of competitors entering the market, the company shifts its focus to long-term brand preference and loyalty, which is accomplished by emphasizing superior customer service and support networks.
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.
Which stage of the Product Life Cycle is characterised by saturation in the market?
Which feature is pertaining to Introduction stage of PLC?
You are the Marketing Manager of a fast moving consumer goods (FMCG) company and you find that one of your products, a washing detergent, is in its grown stage. Describe the steps that you would take to increase your sales in this stage.
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 growth stage of the Product Life Cycle.
What is the product life cycle?
