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Product Life Cycle

As consumers jump out of the old and in with the new, a product and its life cycle can

project what stage consumers are adjusting to. Typically, norms and fads. For the most part,

Eienstein’s theory of relativity can relate to this product life cycle in the phrase “what goes up,

must come down”. It is established that all products usually decline whether it is prolonged or

not. As we’ve seen in recent years with products like computers as they get out dated, and the

ever so famous VCR’s, many products are innovated or reinvented in order to stay part of the

struggling epidemic to milk a product for the most money it can generate. Companies also face

the threats of changing in customers tastes, advanced technologies, competition, and adaptations

to the spread of new markets.

Marketing experts have named the life of a newly developed product a “ product life

cycle” due to its statistical views as we’ve established......

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Approximate Word Count: 1182
Approximate Pages: 5 (250 words per double-spaced page)

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