1. Product package relationship
A package relationship define an association between a source packager package part and a target object. A package relationship can be one of Two form. A package level relationship .
2. Product life cycle curve
It is used to map the life spam of the product
STAGE.1-4
1. ESTABLISHMENT
. It is characters by low growth rate of sales as the product is newly launch in the market.
. Monopoly can be created depending upon deficiency and need of the product to customer.
. Firms usly phase loose rather then profit during this state also if the product is in new product category the real value of the products may not be award of by the customer and therefor move promotion is needed to created brand value.
2. Growth
. This stage come with the acceptance of the innovation in the market and profit starts to flow
. If the monopoly exits companies can prepare idea and innovation in order to mention the sale growth.
. This stage is the waste time to introduce new effective product in the market these creating an image in the product class its present it as a substitute.
3. Maturity .
. The growth rate and sales slowdown as the product has already achieved expectation in market .
. New firms start experiment in order to complete by innovating new modes of the product.
. With miner companies in the market completion for customer starts growing desprit the increase in growth rate of sale at the incial part of the stage.
. A competition in the market results in net profit decrease at the end of the growth stage thus beginning the manutaring stage.
4. Declaration.
. Due to growth rate in safes products decline this is because as the product in considers old and may not be in demand .
The product to die.
. Decline of the product depends upon type of product . It is completer and scope of the product .
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