Which of the following marketing strategies is/are not used in ‘growth stage’ of the product life cycle ?
Building basic product awareness and encouraging initial trial through informative promotion are marketing strategies characteristic of the 'introduction stage' of the…
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Which of the following marketing strategies is/are not used in ‘growth stage’ of the product life cycle ?
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Correct answer D
Building basic product awareness and encouraging initial trial through informative promotion are marketing strategies characteristic of the 'introduction stage' of the product life cycle. During the 'growth stage', marketers focus on improving product quality, adding new features or models, and entering new market segments to build brand preference and market share.
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UGC NET Commerce