User:Dounia techno/sandbox

Product life cycle:
A new product progresses through a sequence of stage from introduction to growth, maturity and decline. This sequence is known as the product life cycle and is associated with changes in the marketing situation, thus impacting the marketing strategy and the marketing mix.

Stages of the product life cycle:
1- Introduction stage. 2- Growth stage. 3- Maturity stage. 4- Decline stage.