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Product Life Cycle

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The product life cycle (PLC) pertains to a life cycle of a product from its introduction to the market to its decline. PLC’s do not refer to one brand, but instead refer to a product category or class. According to Lamb and Hair (333), the following stages represent the typical product life cycle:

American Online (AOL) has products that represent each of the four main stages of the product life cycle. AOL offers Internet access, but the company also has an extended product line with products in each stage of the PLC. AOL’s product in the introductory stage is its AOL-DSL service. This service provides high-speed modem Internet access. It offers the advantages of faster download speeds, no “bump-offs”, and it does not require a second phone line to receive calls and be online. Marketing strategies appropriate for this service include developing product awa

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Some common words found in the essay are:
Internet Service, Financial Services, PLC AOLs, AIM AIM, Messenger AOLs, Life Cycle, Online AOL, Lamb Hair, AOL ISP, life cycle, product life cycle, product life, ISP AOL, internet service, stage aol, growth stage, maturity stage, aols product, aol internet, financial services, offering services, aol internet service, aols financial services, life cycle product, product growth stage,
Approximate Word count = 649
Approximate Pages = 3 (250 words per page)

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