Product life cycle with continuous updating The product life cycle phases change in waves, the product does not tolerate sudden changes, its functions and capabilities remain the same. The product is continuously transformed as a result of the emergence of new technologies. This can be seen in the example of components for computer equipment, household electronics, kitchen appliances, and power tools. The curve shows periodic repetitions of the product creation stage, during which new generation models and modifications appear, differing in their main characteristics.
while consumer demand will remain at the same level. The next step is the introduction gambling data japan of modified product lines to the market. In this case, the manufacturing company should periodically develop new lines of its products, rather than updating old products while the new lines show demand and high consumer interest. The life cycle of a product with constant renewal is characterized by an increase in the duration of each stage, which means that at any given time the market will offer consumers products not from a single line, but from several lines at the same time.
In this case, the sales volume curve will reflect the total sales volume of products from all lines available on the market in the selected period. For a product life cycle with constant updating, it is typical that one modification of the product will have high demand and will be sold for a long time, regardless of how many lines the company releases after that. The product life cycle concept is great for marketing because it allows for the analysis of sales dynamics.
In this case, computer components will differ in increased productivity
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