Advertisements
Advertisements
प्रश्न
A high percentage of new products fail during this period of Product Life cycle:
पर्याय
Growth stage
Decline stage
Introduction stage
Maturity stage
Advertisements
उत्तर
Introduction stage
Explanation:
The introduction stage is when a new product is launched into the market. During this period, the product is still gaining awareness, and sales are typically slow. High costs associated with product development, marketing, and distribution often result in low or negative profits. Many new products fail to gain sufficient market acceptance or fail to generate enough revenue to cover these initial costs, leading to a high failure rate during this stage.
APPEARS IN
संबंधित प्रश्न
The following are all major stages of a product life cycle except ______.
Which stage of the Product Life Cycle is characterised by saturation in the market?
In which stage of the product life cycle, sales continue to grow but at a decreasing rate?
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.
How is the product life cycle advantageous?
Explain the first two stages of product life cycle.
Explain the strategies to be adopted during the introduction stage of Product Life Cycle.
Explain the second and third stage of product life cycle.
What is the product life cycle?
