CTU WK 3 The Competition of The New Apple Watch Series 6 Discussion

Analyze cases that focus on key marketing management tasks, such as marketing research, sales forecasting, product and brand management, distribution channels, pricing, and promotion and advertising strategies

Use effective communication techniques

PrimaryResponse: Within the Discussion Board area, write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

For this Discussion Board, please complete the following:

The product life cycle consists of four stages, as follows:

1. Introduction
2. Growth
3. Maturity
4. Decline

During the various phases of the product life cycle, the marketing mix is treated differently. Companies will often change the product, price, place, and promotion based on the product’s stage.

Choose 1 of the fitness devices listed in the following article:

The 10 Best Fitness Trackers in 2021 for Every Lifestyle and Workout

Respond to the following questions:

• What product life cycle stage do you believe this product is currently in?
• What might cause the product to move to the next stage?
• What examples from the marketing mix for the product can you provide to support your answer