Product Life Cycle: What it is, the 5 Stages, & Examples
Neil Patel
JUNE 3, 2021
The Product Life Cycle is a management tool that makes it possible to analyze how a product behaves from its development to its withdrawal from the market, also considering its launch, growth, and sales maturity. It is like a product journey, or to refer to a more well-known example in marketing, the customer journey.
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