Question

Product Life Cycle

• Look at the following examples of products:
  • Smartphones
  • Drone video cameras
  • 3-D televisions
  • Tablet computers

1. Identify whether each of these four products are in the introduction, growth, maturity, or decline stage of the product life cycle.
2. Discuss the reasons for your life cycle selection for Drone video cameras.

Answer 1

Smartphones are under the stage of maturity as nowadays everyone is having smartphone in their hands.

Drone video cameras are at the stage of introduction as it is rarely seen by everyone . Everyone can't bear it as it is too much costly.

3D televisions are at the stage of growth as people are switching towards it.

Tablet computers are at the stage of growth as everyone today wants small and Handy computers.

Drone video cameras

Introduction: Drone video cameras was introduced a few years before in the world ,nowadays We have seen that the whole world is suffering from covid-19 The police officials are keeping an eye on the cities through these Drone cameras.

Growth :Drone video cameras are at this stage of growth ,now people Are buying these cameras tp shoot there videos when they are Going with their friends and families for holidays. It is too costly everyone can't buy it.

Maturity : It will take time for drone video cameras to get mature as it is too costly And there are many peoples in the world who are of middle class. It will get mature only when price of these cameras at get down.

Decline : It will take several years for the Drone video cameras to decline. At first it has to reach at the stage of maturity.