Product Life Cycle (PLC) – Definition, Stages, Strategies, and Examples

product life cycle

What is Product Life Cycle (PLC)? The product life cycle (PLC) is the length of time of products that outlines the stages of a product from its development and introduction in the market to its removal from the market. It outlines the five main stages of the product – introduction, growth, maturity, saturation, and decline, … Read more