Product Life Cycle: What It Is, the 5 Stages, & Examples
If you work with sales, knowing about the Product Life Cycle model is almost mandatory. The model describes the stages a product goes through in its journey from creation to discontinuation. Why do you need to know this? Because products in different stages demand different strategies, be that for physical products or for services. Do … Continue reading Product Life Cycle: What It Is, the 5 Stages, & Examples