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The product lifecycle is a framework that helps businesses understand how their products evolve in the market, guiding decisions on pricing, marketing, and design. Let’s break down the product lifecycle and how to manage it effectively! Build job-ready skills for a career as a product manager: * *IBM AI Product Manager Professional Certificate:* https://bit.ly/4gquE1x * *Google Project Management: Professional Certificate:* https://bit.ly/4gjWhJm Whether you want to develop a new skill, get comfortable with an in-demand technology, or advance your abilities, keep growing with a *Coursera Plus* subscription. You’ll get access to over 10,000 flexible courses: https://bit.ly/4n4qr64 00:00 Introduction 00:21 4 stages of the product lifecycle 00:22 1. Introduction 00:42 2. Growth 01:02 3. Maturity 01:21 4. Decline 01:39 Product lifecycle example 02:18 Product lifecycle management (PLM) 02:57 Conclusion
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