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

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
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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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