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प्रश्न
A high percentage of new products fail during this period of Product Life cycle:
पर्याय
Growth stage
Decline stage
Introduction stage
Maturity stage
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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.
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संबंधित प्रश्न
The following are all major stages of a product life cycle except ______.
Choose the correct sequence of the Product Life Cycle.
AB Visions Ltd. want to introduce a new variety of reading glasses where the vision can be adjusted according to the user's requirement. Explain the first two stages in the life cycle of this product.
What happens to a product in the decline stage of its life cycle?
| Soon you could get a colour mobile handset which offer an MP3 player, FM radio and a removable flash memory card for about ₹ 800. A Netherlands-based semi-conductor firm has launched a new single chip solution that promises to make this happen. The company is targeting the rural market in India. During the next phase of rapid expansion of mobile communication in the rural and semi-urban areas of India, the firm would like to fulfill the aspirations of first-time handset users by offering the next experience in Multimedia. |
- Explain the stage of the Company's Product Life Cycle mentioned in the paragraph with the help of a diagram.
- Name the service to be offered by the Company in the next phase. Explain any two characteristics of Services.
- Suggest any two modern ways of marketing the concept of a product. Explain.
Mention the various stages of 'Product Life Cycle'.
Explain the abandonment stage of the product life cycle.
Explain the second and third stage of product life cycle.
What is the product life cycle?
"Introduction Stage in a product life cycle is not very risky." Justify either or against.
