Why does a marketer have to be careful in using PLC while planning in promotion strategy?

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter16: Integrated Marketing Communications
Section: Chapter Questions
Problem 8DRQ
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Why does a marketer have to be careful in using PLC while planning in promotion strategy?

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A Product Life Cycle can be defines aa the amount of time a product lives in the market. It starts from the time the product is first introduced in the market until it is pulled off by the company from market.

The four stages included in the Product Lifecycle are:

  1. Introduction
  2. Growth
  3. Maturity, and
  4. Decline
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ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing