Which stage is there in product life cycle that focuses on expanding market and creating product awareness and trial is the MCQ?

a. decline stage.

b. Introduction stage.

c. growth stage.

d. maturity stage.

Which stage is there in product life cycle that focuses on expanding market and creating product awareness and trial is the MCQ?

Question added by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.
Date Posted: 2015/05/25

  • 7 Answers

It is the Introductory stage

Which stage is there in product life cycle that focuses on expanding market and creating product awareness and trial is the MCQ?

introduction stage. The product has to be showcased to enable new customers find out about the USP of this new product.

Which stage is there in product life cycle that focuses on expanding market and creating product awareness and trial is the MCQ?

by Hashim Afzal , Territory Sales Exective , MEZAN TEA
6 years ago

1- Introduction stage 2- growth stage 3- maturity stage. 4- decline stage.

It is of course the Introductory Stage at which the marketers put their efforts to create the awareness and try to expand the market.

Which stage is there in product life cycle that focuses on expanding market and creating product awareness and trial is the MCQ?

by Vinod Jetley , Assistant General Manager , State Bank of India
7 years ago

b. Introduction stage.^^^^^^^^^^^^^^^^^^^

>>>>>>>>>>>>>>>>>>> b. introduction stage. >>>>>>>>>>>>>>>>>

Which stage is there in product life cycle that focuses on expanding market and creating product awareness and trial is the MCQ?

by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.
7 years ago

b. Introduction stage...........................................................................

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Which stage is there in product life cycle that focuses on expanding market and creating product awareness and trial is the MCQ?

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Which stage is there in product life cycle that focuses on expanding market and creating product awareness?

The growth stage is when the market for the product is expanding and competition begins developing.

What stages of the product life cycle where companies create product awareness and trial?

For recently launched products, marketers in the Introduction stage focus on creating awareness and motivating potential buyers to consider a product—to be in the conversation when potential buyers consider their options.

What are the 5 stages of product life cycle?

The product life cycle is the progression of a product through 5 distinct stages—development, introduction, growth, maturity, and decline. The concept was developed by German economist Theodore Levitt, who published his Product Life Cycle model in the Harvard Business Review in 1965. We still use this model today.

What is Stage 3 in the product life cycle?

Life Cycle Phase 3: Maturity As growth slows down, products reach their third phase: maturity. The emphasis begins shifting from customer acquisition to retention since the pool of potential new users is overshadowed by those already using the products.