Which of the following is a strategy for extending the product life cycle and rejuvenating a product?
A)Developing a new use for the product
B)Advertising more heavily
C)Reducing price
D)Developing a new distribution strategy
E)All of the above are strategies for extending the product life cycle.

Question

Quizplus · Accepted Answer

All of the above strategies can be used to extend the product life cycle and rejuvenate a product. Developing new uses for the product can attract new customers, advertising more heavily can increase brand awareness and attract new customers, reducing price can attract price-sensitive customers, and developing new distribution strategies can increase accessibility to the product.

Which of the Following Is a Strategy for Extending the Product