Ask Question
BusinessBusiness
10 February, 14:26

What is the marketing objective for the decline stage of the product life cycle?

+1
Answers (1)
  1. 10 February, 15:57
    0
    In the decline stage of the product the main objective of the marketing is reinforce the positive perception of the brand by the loyal costumers. In this stage, the product is not going to attract any new potential costumers; therefor the marketing efforts are often focused to advertise the product to its loyal customer base, this decreases marketing costs while improving the overall perception of the product and ultimately the brand.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the marketing objective for the decline stage of the product life cycle? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales $ 820,000 Net operating income $ 59,000 Average operating assets $ 320,000 Stockholders' equity $ 82,000 Residual income $ 22,000 For the past year, the minimum
Answers (1)
A great feature of QuickBooks Online is that there are other lists you can utilize to make it easier to fill in forms. Where would you go to find these lists?
Answers (2)
Working as a team to design a skyscraper would most satisfy which of these personal benefits of work? A) earning money B) being with others C) a want D) feeling respected
Answers (1)
Two methods of analyzing potential capital investmentslong dashpayback and accounting rate of returnlong dashignore the time value of money. True False
Answers (1)
Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 1,300 units are planned to be sold in March. The variable selling and administrative expense is $4.20 per unit.
Answers (1)
New Questions in Business
In the United States, only five states currently charge sales tax on purchases.
Answers (1)
A fourminusfirm concentration ratio measures a. the fraction of an industry's sales accounted for by the four largest firms. b. the fraction of employment of the four largest firms in an industry. c. how the four largest firms became so concentrated.
Answers (1)
What agency is in charge of ellis island today?
Answers (2)
Which financial statement shows a company's profits or losses over a period of time?
Answers (1)
Why do companies using a horizontal structure have cultures that emphasize openness, employee empowerment, and responsibility? What do you think a manager's job would be like in a horizontally organized company?
Answers (1)
Home » Business » What is the marketing objective for the decline stage of the product life cycle?
Sign Up Forgot Password?