How to identify which stage of the product vivacity cycle your product is within?
Each Product have a distinct Product Life Cycle viz. introduction, growth, later life, and decline. However, it is other beside the benefit of perception we are competent to agree on at what stage of the PLC the product be when some relocate happen surrounded by the PLC.
Are in attendance any ways to determine the stage of the PLC your product is in?
Answers:
Hi
I come up with their r plentiful factor which decide the stage of product contained by PLC. such as :-
-- By analysing products's swing contained by price surrounded by mkt.
-- By taking feedback from users.
-- By its utilisation rank.
-- By analysing its distribution.
-- By analysing its availability mkt.
etc.
so, what do u come up with ?
Thanks & Regards
Tanisha
keep an eye on how hurriedly it's selling and when it slows down and when it nearly stops selling. That's why race use computers and computer programs...to numeral that and to project.
it can just be said by taking into consideration the total time smudge of your product. some stages of some product cycles are so long that u cant predict it contained by your entire vivacity time
PLC - Difficult concept to enumerate..
What are the other solutions to the downfall customers requirement ?
How is the positioning of these other solutions ?
Which solution do you regard is achievement ground / losing popularity amongst close customers ?
What is the access of your product ?
Repeat purchase / continuing constraint ?
New users growth rate ?
All these are question, that can be answered by standing at the souk, and conversation to winding up customers.
Logistics and Demand survey carried out by reputed and reliable marketplace research organisations.
Good Luck.
It depends on the type of product,
If it is a consumer product you will enjoy to consider the 1}inflation smooth contained by the economy
2}Study of the demographics within the discount.
3}The poverty plane raise
4}types of products consumed more by the individuals or like by the society.
5}the prise standard mentained by the similar companies.
6}your share in the industry.
here are frequent other factor to be considered depending on the type of products.
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Are in attendance any ways to determine the stage of the PLC your product is in?
Answers:
Hi
I come up with their r plentiful factor which decide the stage of product contained by PLC. such as :-
-- By analysing products's swing contained by price surrounded by mkt.
-- By taking feedback from users.
-- By its utilisation rank.
-- By analysing its distribution.
-- By analysing its availability mkt.
etc.
so, what do u come up with ?
Thanks & Regards
Tanisha
keep an eye on how hurriedly it's selling and when it slows down and when it nearly stops selling. That's why race use computers and computer programs...to numeral that and to project.
it can just be said by taking into consideration the total time smudge of your product. some stages of some product cycles are so long that u cant predict it contained by your entire vivacity time
PLC - Difficult concept to enumerate..
What are the other solutions to the downfall customers requirement ?
How is the positioning of these other solutions ?
Which solution do you regard is achievement ground / losing popularity amongst close customers ?
What is the access of your product ?
Repeat purchase / continuing constraint ?
New users growth rate ?
All these are question, that can be answered by standing at the souk, and conversation to winding up customers.
Logistics and Demand survey carried out by reputed and reliable marketplace research organisations.
Good Luck.
It depends on the type of product,
If it is a consumer product you will enjoy to consider the 1}inflation smooth contained by the economy
2}Study of the demographics within the discount.
3}The poverty plane raise
4}types of products consumed more by the individuals or like by the society.
5}the prise standard mentained by the similar companies.
6}your share in the industry.
here are frequent other factor to be considered depending on the type of products.