For this assignment, choose from any two categories products that are at different product life cycles stages. Identify the product life cycle stages for your chosen products and provide explanations for why you believe they are at these stages. Then, provide answers to these two questions:
Examine the product life cycles for your chosen two products relative to how it affects the company’s marketing strategies
How would your suggestion be different for the two companies brand managers about making decisions on price, advertising, and distribution channels?
– Be sure to cite any sources in APA Format. (3 sources)
All course textbooks are accessible through the course’s main page.
The University of Minnesota. (2010). Principles of marketing.Licensed under Creative Commons Attribution-NonCommercial-ShareAlike 4.0.
Section 7.1 – The New Offering Developing Process.
Section 7.2 – Managing New Products: The Product Lifecycle.