Now to understand how this product life cycle works in marketing, we’ll go through a case study that many of us have been a part of. Nestle – Maggi Product Life Cycle Case Study. Introductory Stage in the Product Life Cycle of Maggi: When Maggi entered the Indian market in 1982, it did spend a lot on aggressive marketing. The instant noodle Neglecting to forecast how a product’s life will play out can make the difference between the companies that succeed and those that fail. The four primary stages every product goes through are Introduction, Growth, Maturity, and Decline. Before a product even enters the introduction stage, it has to be developed. We consider this stage zero. What is the stage in product life cycle? There are four stages in a product’s life cycle—introduction, growth, maturity, and decline. The concept of product life cycle helps inform business decision-making, from pricing and promotion to expansion or cost-cutting. Newer, more successful products push older ones out of the market. The product life cycle is the process in which the product has to go through various stages, first, the product is introduced in the market until it declines and then after getting declined, it removed from the market. From the introduction to removal, it carries out through four stages. The first stage is the introduction stage, second is .

contoh product life cycle samsung