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Product Life Cycle.
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Product Life Cycle.

  • The product life cycle of a detergent involves several stages.
  • Launch: The detergent is introduced to the market with a marketing strategy, distribution, and raising consumer awareness.
  • Growth: The detergent gains popularity, sales increase, and the company expands distribution and introduces product variations.
  • Maturity: The detergent achieves widespread market penetration, faces competition, and focuses on maintaining market share.
  • Decline: Sales decrease due to market saturation, competition, or changing consumer preferences, and the company may phase out the product or introduce updates.

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