Introduction Stage:

During this initial stage, we will be launching our business, establishing our brand and building awareness among our target audience. Its crucial for us to focus on creating a unique value proposition and developing effective marketing campaigns to attract customers. In Pakistan, we can leverage social media platforms, local advertising channels, and influencer marketing to generate interest and gain visibility. We are not looking for huge profits during this stage, our main focus would be to cover our costs and also to create a visible image in the minds of our customer by doing proper advertisements and also by offering them the best possible customer service.

2- Growth:

If our business gains traction and starts receiving positive responses, we can expect growth during this stage. Our customer base will expand, and word-of-mouth referrals will become a significant driver of sales. To sustain growth, we may need to scale up our production capacity, improve operational efficiency, and invest in customer service to ensure a positive experience for our customers. To capitalize on this stage, we would focus on expanding our customer base, improving our production processes, and enhancing customer satisfaction. We are expecting this stage after 2-3 years because our brand is new so it will take us a little time to create a good image in the minds of our customer so they can keep on purchasing from us again and again.

3- Maturity:

In the maturity stage, our business has established a solid market presence and a loyal customer base. Competition may increase, and it becomes important for us to differentiate our offerings and maintain customer satisfaction. During this phase, we will focus on expanding our product range, exploring new market segments, and considering partnerships or collaborations to further enhance our brand's reach. This will be done by continuously innovating our product offerings, exploring new target segments or geographic markets, and implementing effective marketing and customer retention strategies. Additionally, investing in customer feedback and improving customer service can help maintain a strong emotional connection with adult customers. We are expecting this stage after almost 5 years.

4- Decline:

At some point, the demand for our product may begin to decline due to market saturation, changing trends, or other factors. To avoid stagnation or decline, it's important for us to monitor market dynamics closely and be prepared to adapt. We will consider innovating our product line, exploring new distribution channels, or entering new markets to revitalize growth. Reinvention and adaptation are key to ensuring long-term sustainability. To mitigate the decline, we can consider diversifying our product line, exploring new markets, or repositioning our brand. It's crucial for us to adapt to changing trends, identify emerging customer needs, and leverage technological advancements to stay relevant. We can pass this stage if we follow all these things accordingly.

Required: Make a chart and show when will be growth, maturity etc (for all steps) on x axis or y axis.