What Is Product Lifecycle? 4 Stages + How to Manage Them

The product life cycle is divided into four total stages, including development and introduction, growth, maturity, and decline The stages of

Key Takeaway The product life cycle helps a company understand the stages a product or service may go through

product life cycle Key strategies to consider throughout the different product life cycle stages, and how to make the most of each stage

thailife Stages of a Product Life Cycle As mentioned, each product life cycle is unique There are, however, four main stages that all lines pass through at one stage