The product ice cycle You tell about the product life cycle for an entrepreneur in the process of developing a new product. Which of the following statement (s) do you say to the entrepreneur (which statement (s) are correct (a) statements): Select one or more options: The product life cycle is used as a segmentation variable to segment a market - The stages of the product life cycle can be a guide for companies in what an appropriate marketing strategy can be - The product life cycle looks exactly the same for all offers - You can see the product life cycle at different levels, such as product class or brand - The time it takes for different offers to go through the stages of the product life cycle varies

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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The product ice cycle
You tell about the product life cycle for an entrepreneur in the process of developing a new product. Which of the following statement (s) do you say to the entrepreneur (which statement (s) are correct (a) statements):

Select one or more options:


The product life cycle is used as a segmentation variable to segment a market

- The stages of the product life cycle can be a guide for companies in what an appropriate marketing strategy can be

- The product life cycle looks exactly the same for all offers

- You can see the product life cycle at different levels, such as product class or brand

- The time it takes for different offers to go through the stages of the product life cycle varies

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