Question: The product life cycle model helps marketers realize that Multiple Choice careful product screening will increase profits over the life of a product. consumers are
The product life cycle model helps marketers realize that
Multiple Choice
careful product screening will increase profits over the life of a product.
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.
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