Marketing Strategies - 7

After reviewing this week’s resources, define and discuss the product life cycle and apply this to your redefined or new product or service.  Estimate how much time your product will stay in each phase of the lifecycle and define why you are making this assessment? 

Draw a representative graph of your product/service lifecycle. 

Note:  Because of the importance of the visual of the graph, no credit will be given to the discussion board assignment if this is missing.