MARKERTING (LOOSE-LEAF)
MARKERTING (LOOSE-LEAF)
14th Edition
ISBN: 9781264117109
Author: Kerin
Publisher: MCG
bartleby

Concept explainers

Question
Book Icon
Chapter 11.1, Problem 11.1LR
Summary Introduction

To discuss: At which stage, advertising plays a main role in product life cycle and what plays a major role in maturity.

Introduction:

A product life cycle defines the progress of a new product over a period of time. This concept includes four stages known as the introduction, growth, maturity and decline.

Blurred answer
Students have asked these similar questions
Why businesses need to advertise their product? What are the benefits of the advertising to consumer and seller?
Advertising is good in terms of ____(1)______, but the downside is ____(2)_______ .     1) generating awareness 2) consumers may be skeptical     1) its extremely low cost 2) its inability to generate awareness     1) targeting channel members 2) its inability to generate awareness     1) generating awareness 2) its extremely low cost     1) being free 2) its inability to generate awareness
Advertising plays a major role in the stage of theproduct life cycle, and plays a major role in maturity.
Knowledge Booster
Background pattern image
Marketing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
  • Text book image
    Marketing
    Marketing
    ISBN:9780357033791
    Author:Pride, William M
    Publisher:South Western Educational Publishing
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing