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Product life cycle is the process of managing the entire lifecycle of a product from inception to growth to decline.
Understanding and addressing different stages of the product life cycle will help entrepreneurs & business owners keep their products relevant, and the understand reinvention opportunities.
On this #EntrepreneurMonday, we explain the important concept of a product life cycle through the video below:
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GlobalLinker StaffWe are a team of experienced industry professionals committed to sharing our knowledge and skills with small & medium enterprises.
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