Describe the stage of the life cycle the brand

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Reference no: EM131228640

Identify and describe the stage of the life cycle the brand, product, business or organization is in? Do this by giving a few sentences into the history of the brand, if this is needed, and then tell us about the current life cycle stage (i.e., the things that lead you to define this as the stage). Make sure to give specific evidence, discussion, and /or examples to back up your thoughts on the life cycle of the brand/product (saying 'sales are down,' needs specific figures such as down by what % from what time period, some evidence that backs up and brings out your assertion). Tie your discussion of the life cycle to the marketing concepts: i.e., sales/market share or number of users of the product/service are growing or declining, competitors are entering the market, promotion is focused on building awareness, the product itself - has new features, changed packaging, or new distribution channels. Select something to discuss that is still in existence and not a complete obvious brand (i.e., we all know the life cycle of cassette tapes and CD's and that the iPod is declining and sales are way down).

Reference no: EM131228640

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