Post by account_disabled on Dec 10, 2023 4:59:15 GMT -5
Growth is the second phase. Naturally, with the appearance of a new technology or competition, the market begins to demand that new type of product. In this case, it is necessary to be prepared for the demands of the market. Let's think about the example of LED televisions, cited above: at first, few people understood the real benefit of that type of product. However, as the market became educated about the advantages of this new investment, demand for products like this grew, considerably increasing the number of . Maturity At the moment of maturity, the market is already uniform in relation to the technology or competition in question.
The competition is already stabilized and the population already consumed Phone Number List that product at the time of "fever" At this point in the curve, the technology is already stagnating and losing its appeal, the companies that had to adapt to that demand have already done their part, and everything is fixed at that moment (probably at that moment, somewhere in the world someone is studying another way to perfect the products, and the cycle will begin again). Decline When the technology reaches maturity, it loses its attractiveness for competitive performance and public enthusiasm, and decline begins. Generally in this phase we are able to perceive a considerable modification in the line of evolution previously invested by consumers.
Many companies give up on that market and go in search of new technologies and skills to launch another trend, thus starting a new cycle. What is the life cycle of the product or service? It is also necessary to consider that products and services also have a specific life cycle , based on the growth or decline of the consumer market for that type of merchandise. All products developed by the market appear to solve a problem or take advantage of opportunities that were going unnoticed in the market. The same logic of the market life cycle applies here: new demand arises, companies strive to generate the best products and services to ensure that the public buys that product.
The competition is already stabilized and the population already consumed Phone Number List that product at the time of "fever" At this point in the curve, the technology is already stagnating and losing its appeal, the companies that had to adapt to that demand have already done their part, and everything is fixed at that moment (probably at that moment, somewhere in the world someone is studying another way to perfect the products, and the cycle will begin again). Decline When the technology reaches maturity, it loses its attractiveness for competitive performance and public enthusiasm, and decline begins. Generally in this phase we are able to perceive a considerable modification in the line of evolution previously invested by consumers.
Many companies give up on that market and go in search of new technologies and skills to launch another trend, thus starting a new cycle. What is the life cycle of the product or service? It is also necessary to consider that products and services also have a specific life cycle , based on the growth or decline of the consumer market for that type of merchandise. All products developed by the market appear to solve a problem or take advantage of opportunities that were going unnoticed in the market. The same logic of the market life cycle applies here: new demand arises, companies strive to generate the best products and services to ensure that the public buys that product.