Marketing Strategy In Life Cycle Products

Dublin Core

Title

Marketing Strategy In Life Cycle Products

Subject

Pemasaran, Manajemen Pemasran

Description

Product Life Cycle is an important concept that provides an understanding of the competitive dynamics of a product. Product Life Cycle is a graph that illustrated the history of the product since it was introduced to the market until withdrawn from the market. The Product Life Cycle
(PLC) strategy is based on four stages: The first stage in the product life cycle is the Introduction Phase which in this stage is low sales, the Second Growth Stage is marked by the rapid rise of the sales level because the product has been accepted and known to the market, The Third Phase
Maturity of sales is still rising but with declining growth due to many competitors, and the fourth
Stage of Decrease where sales are increasingly moving towards a decline caused by changes in market tastes. At each stage there are different opportunities and problems in relation to marketing strategy and how to make a profit. By recognizing the stage at which a product is located, or to be addressed, the management can formulate and plan the right strategy. In each
stage Product life cycle is required strategy of its own strategy. It requires the special ability of a
manager to be able to create and implement the right marketing mix at the right time.

Creator

Mokhamad Eldon, Nurani

Source

https://conference.unita.ac.id/index.php/conference/article/view/31/16

Publisher

Proceding International Seminar Universitas Tulungagung

Date

09/09/2020

Contributor

Mokhamad Eldon, Nurani

Relation

https://conference.unita.ac.id/index.php/conference/article/view/31/16

Format

Text

Language

Indonesia

Type

Text

Coverage

Pemasaran, Manajemen Pemasaran

Text Item Type Metadata

Text

Marketing Strategy In Life Cycle Products
Marketing Strategy In Life Cycle Products - Mokhamad Eldon