I see that previous comments were a year ago. I just watched and made notes of this video, "Traditional Product Life Cycle" and want to say it was a very big help. I have been researching Product Life Cycle and yours was the first one to make sense to me and for that I thank you. Lynne
Dear Friends, I have many questions about product life cycle: 1/ New product introduction stage: The market is not yet available, the basic purchasing power is not high, running continuous campaigns + promotions, gross profit margin is only 1-3% and it can be less than 0. 2/ The Growth stage: The market has accepted the product and continues to grow in terms of market share, at this time, revenue and gross profit has grown steadily, basic purchasing power has increased, but it costs a lot to run campaigns and maintain. Basic promotions. 3/ Booming period: Revenue and gross profit grew significantly (> 20%). 4/ Should we track the product life cycle year by year?. Do you have any suggestions?. Thank you.
Nice informative video. However, you mentioned that early adapters were the first to purchase new products, I believe you meant innovators. Innovators are usually the first to purchase products, followed by early adapters.
Hi sir. Do you have a site where we can download the slides you used and thanks for the upload. We used this as our reference for our product management report :)
The slides unfortunately are only available to the students in my class for study purposes. Sorry, some day they may be available to all. Hope your report went well!
I see that previous comments were a year ago. I just watched and made notes of this video, "Traditional Product Life Cycle" and want to say it was a very big help. I have been researching Product Life Cycle and yours was the first one to make sense to me and for that I thank you. Lynne
Very good video am going to make reference to this.
Dear Friends,
I have many questions about product life cycle:
1/ New product introduction stage: The market is not yet available, the basic purchasing power is not high, running continuous campaigns + promotions, gross profit margin is only 1-3% and it can be less than 0.
2/ The Growth stage: The market has accepted the product and continues to grow in terms of market share, at this time, revenue and gross profit has grown steadily, basic purchasing power has increased, but it costs a lot to run campaigns and maintain. Basic promotions.
3/ Booming period: Revenue and gross profit grew significantly (> 20%).
4/ Should we track the product life cycle year by year?.
Do you have any suggestions?. Thank you.
Nice informative video. However, you mentioned that early adapters were the first to purchase new products, I believe you meant innovators. Innovators are usually the first to purchase products, followed by early adapters.
He confused me too when he said that.
Its interesting to know that all products have a life cycle. It is very similar to that of a human life.
Product not Praaart please
Prakt
Great explanation , if there is any other video about Marketing I really like to watch it .. thx
Introduction / Birth
Growth
Maturity
Retirement /Decline
business is forever
Hi sir. Do you have a site where we can download the slides you used and thanks for the upload. We used this as our reference for our product management report :)
The slides unfortunately are only available to the students in my class for study purposes. Sorry, some day they may be available to all. Hope your report went well!
Thanks..
👍🏽
You speak sooo fast i cant write even a single word
you dont need to write boi just tryna understand and keep things in your mind,
writing every thing you hear is not possible
You can just pause the video and write