Common patterns examined in PLC

Question

Briefly describe the most common patterns examined in PLC?

Answer 1

The most significant patterns examined in the product life-cycles are as follows:

Even beneath normal conditions, patterns frequently cannot be determined.

In most of the markets the majority of the main brands hold positions for at least two decades.

The PLC of brand leaders that monopolize most of the markets (around the world) is usually continuous.

PLC is the dependent variable that is automated via the market scenarios.

PLC is not an independent variable to be considered while making marketing plans.

Marketing tools can simply modify the duration of a product life-cycle.