CHILD DEVELOPMENT PEDAGOGY

Detailed explanation-1: -Maturity Stage: During the maturity stage of the product life cycle, the sharp growth in sales begins to slow, and profits at the beginning of this stage decline.

Detailed explanation-2: -the final stage of the product life cycle (after introductory stage, growth stage and maturity stage) when sales are dropping because the original need and want have diminished or because another product innovation has been introduced.

Detailed explanation-3: -Maturity – In the maturity stage, sales slow down, indicating that the market has begun to reach saturation. This is also one of the stages of the product life cycle when pricing becomes competitive. This makes the profit margins thinner.

Detailed explanation-4: -At the mature stage, profits begin to level off. Sales continue to increase until the market is saturated with the product and competing products. Because of competition for market share, profits typically decrease earlier than sales. In its decline stage, profits are very low even with considerable sales.