In which stage of the product life cycle are maximum marketing profits attained?
A)introduction
B)early growth
C)late growth
D)late decline
E)early decline

Question

Quizplus · Accepted Answer

During the late growth stage of the product life cycle, the product has gained acceptance from a large number of customers and sales are at their highest point. At this stage, marketing efforts can be focused on maintaining and expanding market share, which can result in maximum marketing profits. In the other stages, sales are either too low or declining, making it difficult to achieve maximum profits.

In Which Stage of the Product Life Cycle Are Maximum