CHILD DEVELOPMENT PEDAGOGY

Detailed explanation-1: -5. Saturation. During the product saturation stage, competitors have begun to take a portion of the market and products will experience neither growth nor decline in sales. Typically, this is the point when most consumers are using a product, but there are many competing companies.

Detailed explanation-2: -The maturity stage of the product life cycle is the most profitable stage, the time when the costs of producing and marketing decline.

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: -Companies like Apple, Amazon, and Xbox are all examples of companies in the maturity stage. They are well known, trusted, and continue to hold a high market share in their industries.

Detailed explanation-5: -Growth Stage. The usual characteristic of a successful new product is a gradual rise in its sales curve during the market development stage. At some point in this rise a marked increase in consumer demand occurs and sales take off.