These are word's definitions related to product-life-cycle. Click on any word to go to its word's detail page. Or, go to the definition of product-life-cycle.
0 the stages in a particular product's existence: introduction, growth or increasing sales, maturity (= slow or no increase in sales), and decline or reduction in sales:
By controlling the presentation, appearance, and price of the product, the company can maximize sales at every step of the product's life cycle.