Identify the stage ( introduction, growth, maturity, decline for the Bottle Bright product and key marketing...

Identify the stage ( introduction, growth, maturity, decline for the Bottle Bright product and key marketing mix actions that might be appropriate.

b) develop a branding and packaging strategies if appropriate for your offering...

Expert Solution

Product life cycle can be define as a cycle in which a product went through introduction to its declination towards the society.

4 stages of product life cycle are as follows-

Introduction

In this stage product is introduced to the market for making a for making an identity and setting up a brand unique selling point.
Bottle bright can introduce itself in the market by using distinctive identity and creation of a separated product that uses all natural ingredients to clean the bottles.

Growth
As a demand for the products increases, product enters in the growth cycle. As a demand is increased the overall production cost of the product decreases and high profits are generated. Competitors will enter at this point.

Implementation of social media Technologies for providing adequate level of support to its capabilities in the respective environment and implementing a structure of promotion by using different ethical concerns would be the most appropriate way of implementation of services regarding the specific brand. In this condition product would face high competition and the level of profitability would reduce in order to maintain better brand identity.

Maturity

Product start being bored by so many customers it enters the majority lifecycle. In this stage companies start looking for new opportunities to adopt better Innovation and implementation of the product.
At this stage bottle bright would be profitable but show no growth as it would I reach to its maturity. Later at this point the brand would start to decline 4 bottle bright.

Decline

At this stage the products overall importance started to watch out from the market. This can happen naturally but also very much affected by the new and innovative products.
In this condition market would start to reject the specific brand as the alternative or any other factor would increase the requirement of new product in the respective industry.

P.S.- please use separate threads you ask multiple analysis questions at a time

keosha answered 1 year ago

a) Identify its stage in the product life cycle (introduction, maturity, decline )and key marketing mix...

a) Identify its stage in the product life cycle (introduction, maturity, decline )and key marketing mix actions that might be appropriate for the product BOTLLE BRIGHT’ b) develop branding and packaging strategies

Descriebe the four stages of PCL (introduction, growth, maturity and decline) describing the stage and analyzes...

Descriebe the four stages of PCL (introduction, growth, maturity and decline) describing the stage and analyzes the implicaitons that stage may have on price strategy, product, competition and profit for VIZIO company? Please cite referrence used.

Using both the product-life cycle curves (introduction, growth, maturity and decline in both traditional and hypercompetition...

Using both the product-life cycle curves (introduction, growth, maturity and decline in both traditional and hypercompetition (fast changing cycles) curves and the Boston Consulting Group’s product/business portfolio grid (cash cows, dogs, question marks and stars), briefly describe the most optimum part of the curve and the product types you want to invest in your “optimum” strategy.

How do you manage products (sell products) that are in the introduction, growth, maturity, and decline...

How do you manage products (sell products) that are in the introduction, growth, maturity, and decline stages? What can we do in each stage to help them become successful? What pushes a product into decline?

When a product is in the introduction stage of the product life cycle, Group of answer...

When a product is in the introduction stage of the product life cycle, Group of answer choices promotion is likely to be more focused on reminder messages, profits can be negative for a while. it is easy to forecast demand. industry profits are at their highes Mariah recently bought Voice Over Internet protocol (VOIP) phone service (phone service delivered over the Internet). A few of Mariah's friends bought VOIP before she did, but many other friends were interested in Mariah's...

PLC and the Diffusion of Innovation Identify the stage your product is in on the Product...

PLC and the Diffusion of Innovation Identify the stage your product is in on the Product Life Cycle (PLC). Then, based on the stage your product is in on the Product Life Cycle, you will identify the consumers you will be targeting in terms of the Diffusion of Innovations. By using the question above, make the summary by using Nissan Almera as the brand and search Nissan Almera (PLC) and Diffusion of Innovations (300-350 words)

Many well-established brands may seem to be in the decline stage of the product life cycle,...

Many well-established brands may seem to be in the decline stage of the product life cycle, perhaps because changing tastes or new technologies have rendered the products obsolete. Choose a product in the decline stage of the product life cycle. Describe a plan for revitalizing the product, especially in terms of the 4P’s.

What do the different growth models identify as the key determinants of economic growth? Identify two...

What do the different growth models identify as the key determinants of economic growth? Identify two key limitations of the neoclassical growth model in explaining contemporary developing country experiences. Finally, compare and contrast Neoclassical, Marxian and Keynesian economic theories.

Next, explain the key elements in the growth stage that Dionysus should understand. (Based on a...

Next, explain the key elements in the growth stage that Dionysus should understand. (Based on a 'Case of Growing Pains') When he first opened his own business, Dionysus loved it. He went to work early in the morning and did not leave until after 9.00P.M. To spend time with his family, he would take off a few hours in the afternoon and then return to the store after supper, staying until closing time. When he was away from the store...

Marketing ●Topic: Introduction of the marketing strategy of a tourism attraction/company’s product or service of your...

Marketing ●Topic: Introduction of the marketing strategy of a tourism attraction/company’s product or service of your country (in Tanzania specifically) ●Possible Content : Chose a tourism attraction /company’s product or brand in your country, describe: 1.The background 2. The marketing environment of it 3.The STP strategy of it. (1)market segmentation (2)target market (3)positioning strategy 4. The 4Ps strategy of it (1) product The country chosen is Tanzania. Send in PPT or file

Question