In marketing, the evolution of products and services is analyzed through the so-called product life cycle (CLP)..
It is equivalent to a systematic observation from the birth to the death of the product (or service) itself. The curve is defined by an initial phase, when the product-service is presented as new; to a growing phase, when it moves progressively; a phase of mature product, when there is stabilization and consolidation; finally, to an involutionary phase, when the product-service falls towards its decline and eventually disappears from the market..
It is possible to assert that the product-service of sports and motor activity is, overall, identifiable in the maturity stage.
It is essential to know the phase of the product life cycle, any marketing strategy, must consider the phase of the CLP to link suitable initiatives to the situation.
Each phase poses different and separate problems; it is impossible to study an approach to marketing without knowing what the situation to refer to.
Here are some variables that can be identified in the four phases:
STRATEGIES | INTRODUCTION | GROWTH | MATURITY | DECLINE |
Objective | spread | affirmation | survival | relaunch |
Consumer | innovator | progressive | moderate | laggard |
Market | narrow | expanded | very segment | contract |
Competition | reduced | increasing | selected | downward |
Communication - stationary - typology |
very strong primary |
strong selective |
stable differentiated |
reduced supporting |
It may happen that for sports products and services they are considered in the decline phase, or even already "finished", but for reasons difficult to explain or due to fashions and trends, they are growing again. In this case there is a second life cycle of the product-service.
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