product life cycle


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Related to product life cycle: Marketing mix, Project life cycle

product life cycle

n
(Marketing) marketing the four stages (introduction, growth, maturity, and decline) into one of which the sales of a product fall during its market life
References in periodicals archive ?
They also discovered that 'maintenance, repair and operations' (77%) is the stage in the product life cycle where majority of engineers believe digital twin technology adds the greatest value.
This novel cell monitoring technology compliments existing and new Battery Management Systems ("BMS") providing many product life cycle cost and performance benefits across the end to end battery supply chain, from cell manufacture, in-service applications and through to eventual end of life recycling.
Conventional product life cycle management strategies focus on new drug products from the time they are launched to the expiration of patent protection, with the assumption that any revenues in the post-exclusivity period are minimal.
The most important factor driving performance of portable players over the forecast period is a sharp decrease in portable MP3 players' sales as it is going through the decline phase of product life cycle and expected to post a CAGR of -25%.
Volkswagen AG (Xetra: VW), a Germany-based automaker, is planning revisions to its product life cycle plans, according to Michael Horn, Volkswagen Group America CEO.
The new software improves cooperation and provides the automation of documents used throughout the drug product life cycle, from pre-clinical through product registration to commercialisation.
These capabilities integrate with back-end systems to support the entire product life cycle, including the development of new business across the world.
Shiseido joined RSPO, an international non-profit organization, in 2010 and considers the need to preserve biodiversity (to preserve the bounty of the Earth) during every stage of the product life cycle, from the procurement of cosmetics ingredients to manufacturing, distribution and sales, and strives to utilize sustainable resources, according to the company.
In its simplest form, the product life cycle consists of three phases:
Production will begin with the assembly of large-bore control valves, and in the future, the company will expand its business to offer total solutions covering the entire product life cycle.
Developed by the WRI and the WBCSD, the Corporate Value Chain (Scope 3) and Product Life Cycle Standards enable companies to save money, reduce risks, and gain competitive advantages.
New Delhi, March 7 -- Nita Kapoor, EVP Marketing & Corporate Affairs, Godfrey Phillips India Ltd chaired a session on "Stretching the product life cycle or product extensions" during All India Management Association (AIMA) 2nd World Marketing Congress.
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