Marketing experts recommend introducing a new product only when the existing one is in the maturity stage of the product life cycle.

Question

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Marketing experts do not necessarily recommend introducing a new product only when the existing one is in the maturity stage of the product life cycle. The timing of introducing a new product depends on various factors such as market demand, competition, and technological advancements. It is important to assess market opportunities and potential risks before introducing a new product.

Marketing Experts Recommend Introducing a New Product Only When the Existing