Question

Identify one of your favorite purchases made in the last year. Then consider the product lifecycle...

Identify one of your favorite purchases made in the last year. Then consider the product lifecycle of that product and decide what section of the product life cycle the product you purchased falls into and explain your rationale for selecting that section of the life cycle.  

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Answer #1

Product name : One plus 6 T mobile phone

The product falls into decline stage in the product life cycle

The main reason I took decline stage is that the sales of the product will fall as there is an information that One plus 7 mobile phone will be releasing in May 2019. So when the one plus 7 is released company will stop producing One plus 6T and even the buyers will not buy One plus 6T as it will be a old version when One plus 7 comes into the market. Hence I choose the declining stage for my product.

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