Answered: What is not a characteristic of…

Business

Marketing

What is not a characteristic of introduction phase of Product Lifecycle?

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Related questions

Q: Why copying a signature brand design bad?

A: Please find the answer below. BRAND DESIGN:- Brand design is an essential part of branding,…

Q: Why is it necessary to include the benefits of the product in product description?

A: Product description refers to the information that is provided by the seller or manufacturer on the…

Q: A higher price can usually be charged at what stage of the product life cycle? Research and…

A: The product life cycle (PLC) is a concept in marketing that describes the typical stages a product…

Q: Suppose you bought a mobile phone recently. (As customer you have some basic expectations from this…

A: A product is anything that can be offered to a customer to satisfy his or her need or want Whether…

Q: What happens to competition in the growth phase of Product Lifecycle

A: A product life cycle is referred to as the time period of a product sustaining in the market before…

Q: what is the process for creating new products

A: Obtaining new product refers to New Product Development which is creating and introducing a new…

Q: Life Cycle. Product Development Stage Introduction Stage Growth Stage Maturity Stage

A: A product is created by the company to serve the needs of customers. It will act like a tool which…

Q: Please write a short note on "product concept" with two suitable examples. Please answer at your own…

A: Marketing includes the following activities like Distribution, Financing, Market research, Pricing,…

Q: How does a product manager manage a product’s life cycle?

A: A product life cycle can be referred to as the amount of time a product goes from its introduction…

Q: What are the 3 main factors for a product's life cycle with Examples

A: The different phases of a product's life cycle, from birth to death, are referred to as the Product…

Q: How to introduce a new product to the product life cycle please provide some ways

A: Launching a new product in the market can be the outset of an amazing expedition or a total fall.…

Q: Highlights the factors responsible for failure of new products.

A: Concept Introduction Product development is crucial to the expansion and survival of a business. A…

Q: Give an example for product concept?

A: The product concept is based on the understanding that consumers will choose the product if it has…

Q: What are the 3 main factors for a product's life cycle with Example deeply explain one by one

A: Introduction: The term Market refers to an exchange of goods and services between the buyer and the…

Q: Examine the potential causes of Brand failure .

A: Introduction :- Failure of a brand is the inability of a product to complete the projected life…

Q: describe the stages in the product life cycle.

A: The product life cycle is the process between the beginning of product till the end of the product.…

Q: The key characteristic distinguishing business products from consumer products its intended use, not…

A: There are different organizations and industries that are active these days. There are different…

Q: an example of a business letter proposing a product.

A: Business letter chiefly implies conveyance for an enormous scope and showing the item from various…

Q: Business strategy idea for a new brand

A: For a new brand, its strategy starts with good intentions. You recognize that you require to be…

Q: discuss 8 reasons that could lead to new product failure

A: These days the organizations are global and the organizations are trying to gain a competitive…

Q: Building the right product

A: Building the Right Product: A Comprehensive ApproachIntroductionBuilding the right product is a…

Q: In product life cycle the overall marketing effectiveness becomes the key factor in the stage of…

A: The product life cycle is used to analyze different stages of a product from the introduction of the…

Q: an

A: Giving you an example of the 3D television that are there in the market from few decades but it is…

Q: Product improvement and cost cutting are good strategies in which stage of the product life cycle?…

A: Product life cycle refers to stages or step wise strategies that a product goes through in its life…

Q: Sales plan for a new product?

A: A sales plan can be defined as a brief document which describes the objectives, the target customers…

Q: Give several examples of brands that have been recently repositioned. How has this been implemented…

A: The brand has to reposition itself if there is insufficient consumer demand for its existing goods…

Q: Create a develop phase for mobile phones in the product life cycle.

A: In the Product Development Cycle or Process, The development stage is the phase where the actual…

Q: What issues may arise with a product line ?

A: Introduction : The term "product line" is used to describe a collection of similar products that…

Q: What is meant by a brand name?

A: A brand name is a corporate name or domain name that allows the public to identify and distinguish…

Q: brand originated from the word branding

A: The details of of origin of the word brand is discussed as follows-

Question

What is not a characteristic of introduction phase of Product Lifecycle?

Low level of sales

Profit

Loss

High development cost

Thank

you

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Hewlett-Packard Corporation and Dell Computer use product differentiation in the marketplace.True or False
Create a new product or redesign an existing product using the individual product and service decision
Which of the following stages in the product life cycle is known for high failure rates and little competition? Question 6 options: a) Introduction b) Growth c) Maturity d) Decline
Write in your own Words of New Product Adoptation Process with Examples?
What are some biblical principles that may be applicable to product life cycle? Is there indeed a time for everything (Ecclesiastes 3:1)/
Draw the product life cycle with all the stages in it, as well as sales and time markers.
How does knowledge of the product life-cycle relate to the introduction of new products?
At which stage of the product life cycle (PLC) that will you find a significantly growing number of product adopters, rapid growth in industry sales, and increases in the significant number of competitors and the number of available product versions? decline early maturity innovation growth introduction
What is Customer centered new product development?
Some marketers believe that product performance is the be all and end all. Other marketers maintain that the looks, feel, and other design elements of products are what really make the difference. So in this opinion what do you think is suitable a product functionality is the key to brand success or product design is the key to brand success.
What is Product review?
(a) State the new product development stages