product life cycle Flashcards
how does a product portfolio help?
what products to launch and when
when to withdraw a product
what products are doing well or badly now and in the future
how to increase sales
cash flow during the introduction stage
negative
cash flow in the growth phase
positive
cash flow in maturity and decline phase
positive. at decline will most likely have cash flow issues`
star
(top left) very successful but growth has to be funded to keep up with demand and cash flow may be a problem
cash cow
(bottom left) little growth, but an established and profitable product that can support others.
question
(top right) presents a problem -should the business invest to increase sales
dog (bottom right)
few prospects, but should the business continue to sell if it is profitable and it funds other products?