Professional Documents
Culture Documents
management
Sales Sales
Sales
Sales
Profits
Loss
Introduction Growth Maturity Decline
Time
Peak sales
Sales
Costs Low cost per customer
Declining sales
Sales
Low cost per customer
Costs
Declining profits
Profits
Reduce expenditure and milk
Marketing Objectives the brand
Phase out weak items
Product
Cut price
Price Go selective: phase out
Distribution unprofitable outlets
Reduce to level needed to
Advertising retain
hard-core loyal customers
Implications and Limitations of Product Life
Cycle Concept