Question: The product life cycle model helps marketers realize that Multiple Choice consumers are always ready to try a , new product if it is priced
The product life cycle model helps marketers realize that
Multiple Choice
consumers are always ready to try a new product if it is priced correctly.
sales and profit levels can be forecasted accurately.
different stages in the life cycle call for different marketing strategies.
careful product screening will increase profits over the life of a product.
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