![]() What are the characteristics of a product life cycle? If the seller or manufacturer is not a household name, growth is usually slow at first. This is the phase where a product leaves the development and testing phase and enters the market. What are the different product life cycle stages? The company advertises itself to create demand for the product. The introduction phase begins before the product is launched. There are four stages in the product life cycle: adoption, growth, maturity and decay. What are the stages of a product life cycle? Companies go through stages of development, as evidenced by changes in their profits over time. What are the five stages of a product life cycle? Phases of the product life cycle.
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