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28 July, 20:49

Some products may stay comfortably in the maturity phase of the product life cycle until a new product emerges to replace them. An example of such a mature product is:

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  1. 28 July, 21:04
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    just read
  2. 28 July, 22:52
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    An example of such a mature product is:

    Refrigerators

    Explanation:

    Given that the average life expectancy for a refrigerator is between 14 and 17 years, this depends on the model and proper maintenance.

    We can observe a decline on sales of the product during this maturity phase.
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