What are some examples of manufacturing that conform to the product life-cycle? What are some examples that don't?
The Product life cycle has four stages:-
1. Introduction Stage
2. Growth Stage
3. Maturity Stage
4. Decline Stage
So, electronic products like 3D Television, DVD Players, Blue Ray Players, Video Recorders, Panaromic Camera's etc. follows or conform to the product life cycle. For Eg:- 3D televisions are said to be in the introduction stage, various companies are still trying to develop the taste for the 3D televisions amoung the consumers, similarly blue ray players can be said to be in growth stage because of its high demand due to increased awareness of the consumers, DVD players in the maturity stage and video recorders like VCR etc in the declining stage.
Some of the eg. that does not follows the product life cycle are:- Coca Cola Beverages, Dominos Pizza, Henikken, Western Union, Budweiser etc. this products shown no sign of the decline stage because of the strong brand identity and equity.