mapping the product life cycle (plc) presentation
Monitoring products and services as they flow through this process helps marketing managers adjust their marketing strategies to keep products and services thriving for as long as possible.
Monitoring this cycle click companies and organizations continue to maximize the value of their products and services with their target over time. The purpose of this assignment is to give thf the opportunity to understand how each stage in the PLC creates a need for adjustment to marketing strategies and allows students to assess what action s need to be taken.
Your responsibility is to monitor the stages of the Product Life Cycle PLC and adjust the marketing strategies as needed for your product to thrive for as long as possible. At each stage, you assess changes you need to make to the product, price strategy, as well as competition and profit. Develop a slide setting the theme and goals of the presentation.
CEO Comments
Define and discuss the PLC concept and its importance to marketing managers. Define and discuss what role pricing strategy has in marketing and how marketing mangers decide what strategy to use. Discuss the reasoning behind why the PLC is important to marketing managers and share examples of possible implications if it is not monitored.
Cite a minimum of two peer-reviewed sources with one coming from the textbook or the University Library. Skip to content. Assignment Steps Resources: Marketing: Ch. Format your presentation consistent with APA guidelines.]
I agree with told all above. We can communicate on this theme.