A product that has entered the decline stage could most likely be cycled back to the growth or maturity stage through ________.
A) promotion or repositioning
B) concept testing
C) business analysis
D) a penetration strategy
E) a skimming strategy

Question

Quizplus · Accepted Answer

Promotion or repositioning is the best choice to cycle a declining product back to the growth or maturity stage. By promoting the product through new marketing campaigns, discounts, or other incentives, the product can regain customer interest and increase sales. Repositioning the product involves changing its target audience or marketing message to appeal to a different market segment, which can also revive interest in the product.

A Product That Has Entered the Decline Stage Could Most