Problem:
In our reading, we learned about the product life cycle. Using the Wall Street Journal, find a product in each stage of the product development life cycle. Briefly describe the product and why you think it is in the stage you are placing it. Also, compare each product to their nearest competitors and explain what pricing strategy you think they are using.
Deliverables:
1) A product description for each stage of the life cycle. Provide a citation to an article about this product.
2) An explanation of the price strategy for each product.