Product Life Cycle

Understand the different stages of a product's life cycle (introduction, growth, maturity, and decline) and learn how to adapt your marketing strategies accordingly.

16 min read
23 December 2024

How Product Managers Turn Innovations Into Profitable Solutions (and Not Epic Fails)

Discover how product managers transform innovative ideas into profitable solutions. Learn about customer insights, roadmap development, stakeholder alignment, and the importance of education and experience. This article explores key strategies for success in product development.

14 min read
6 October 2024

Prioritizing Your Product Features: From Concept to Success

Building a successful product requires strategic feature prioritization. Learn how to use the Kano Model, Prioritization by Benefits, and Prioritization by Impact to determine which features to focus on first. Discover how to balance costs and ROI, create a product roadmap, and leverage customer journey maps for informed decision-making.

22 min read
24 August 2024

Creating a Product That Customers Love

Learn how to create a product that customers love! This guide covers key steps from idea generation to launch, emphasizing customer-centric design and emotional connection. Discover the 5 generic customer needs and how to build a product that makes users feel awesome.

5 min read
19 December 2020

Stages of the Product Life Cycle – Real-Life Examples from Launch to Decline

The product life cycle describes the steps a product goes through from beginning to end until it eventually disappears from the shelves. Each phase has its own characteristics and requires unique strategies to ensure success.

6 min read
23 July 2017

Market Diffusion Process and Its Marketing Implications

The market diffusion process describes how an innovation progresses through a market. For these reasons, it is crucial to understand the facets of the market diffusion process and its importance for new product development (NPD).

12 min read
3 July 2017

Characteristics of the Product Life Cycle Stages and their Marketing Implications

The Strategic Roadmap Focus on the big picture of how marketing changes over a product's life. Emphasize the proactive approach needed to keep a product successful.

11 min read
2 July 2015

Product Life Cycle Strategies (PLC) and Characteristics – Managing each PLC Stage

The Product Lifecycle Roadmap Understand the distinct stages of a product's lifecycle and learn how to optimize your marketing strategy throughout each phase.

6 min read
30 June 2015

Product Life Cycle Stages (PLC) – Managing the Product Life Cycle

The Product Journey Understand the classic product life cycle stages from Introduction through Decline. Learn how sales and profits change over time.

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