Typewriters, and even electronic word processors, have very limited functionality. Another example within the consumer electronics sector also shows the emergence and growth of new technologies, and what could be the beginning of the end for those that have been around for some time.
With consumers demanding a lot more from the electronic equipment they buy, typewriters are a product that is passing through the final stage of the product life cycle.
Next comes Maturity until eventually the product will enter the Decline stage. With a huge investment in research and development, and high prices that will only appeal to early adopters, this is another good example of the first stage of the cycle.
Introduced a number of years ago, manufacturers that make DVDs, and the equipment needed to play them, have established a strong market share. But if you look at the trends in key markets over the last couple of decades, even just the last few years, consumer demand for particular products can provide some very good product life cycle examples.
Only recently introduced into the market, holographic projection technology allows consumers to turn any flat surface into a touchscreen interface. Laptop computers have been around for a number of years, but more advanced components, as well as diverse features that appeal to different segments of the market, will help to sustain this product as it passes through the Maturity stage.
Product Life Cycle Examples The traditional product life cycle curve is broken up into four key stages.
These examples illustrate these stages for particular markets in more detail. However, they still have to deal with the challenges from other technologies that are characteristic of the Maturity Stage.
Products first go through the Introduction stage, before passing into the Growth stage. Even though they make a conscious decision to switch from one product to another, this is more due to personal taste or simply wanting the have the latest and best, rather than an appreciation of which stage of its life cycle a product may be going through.iPhone Hacks - The #1 iOS Blog for the latest iPhone, iPad and iPod Touch Hacks, Apps, Jailbreaks, News, Rumors, Games, Reviews, Tweaks, Tips, Tricks, How-To Guides.
identify the processes that make up project management from start to finish. Check Point Mobile VPN application - Layer-3 VPN for Apple iPhone and iPad. Are you learning about life cycles in science? We have a new life cycle printable set for you today featuring the life cycle of a ladybug!
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