Growth stage in the product life cycle is characterized by rapid market acceptance and increasing profits.
A proper market strategy can take a good product in a growth stage using all of the marketing strategies. A product life cycle is characterized by sales and processing in various stages which are maturity, growth,decline and development.
Increasing profit in rapid market acceptance with slowing down the rigorous life cycle can help get a good in hand profit.
Demand begins to accelerate the moment and size of the market expands rapidly. Product life cycle totally depends on economies of scale and production size.
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