Friday, December 18, 2009

Maturity Stage:

"The stage in the products life cycle in which sales growth
slows or levels off".

At some point, a product's sales growth will slow down, and product will enter a maturity stage.
This maturity stage normally lasts longer than the previous stages, and it poses strong challenges
to marketing management. Most products are in the maturity stage of the life cycle, and therefore
most marketing management deals with the mature product.

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