Marketing activities are heavily dependent on the stage in the product life cycle. When it is no longer adopted by many, a fashion product life cycle ends. The life cycle of a fashion garment, extending over one or several seasons, probably comes nearest to the bell-shaped curve normally used to depict the product life cycle model (Figure 6.8). The product life cycle should be preferably termed as product market life cycle as it is related to a given particular market. Product Life Cycle Examples Typewriter: Introduced in the late 19 th century, the demand for typewriters witnessed significant growth in popularity owing to improved technology. The product life cycle is an indispensable tool for product planners and marketers in general. Life Cycle for Basic and Fashion Products. Like human beings, products also have a limited life-cycle and they pass through several stages in their life-cycle. Similar to the CD example above, let's follow the product life cycle of the typewriter: Development: Before the first commercial typewriter was introduced to the market, the overall idea had been developed for centuries, beginning in 1575. Having said that, the correct format or generally accepted format of the product life cycle goes thus:-Introductory stage-Growth stage- Maturity stage-Decline stage. The managers & executives should have clear understanding of these phases in order to better control total corporate resources in the accomplishment of desired objectives. Product life cycle is the set of stages a product goes through during its lifetime. However, it eventually got replaced by computers marking the end of the decline stage. Fashion will have a new life cycle when it is introduced into a foreign market, say, in India. Growth – Electric cars. Example of a Product Life Cycle. My favorite example is food: P.F. continue reading for more information on all of the above four product life cycle stages with examples. The product life cycle stages are 4 clearly defined phases, each with its own characteristics that mean different things for business that are trying to manage the life cycle of their particular products. Self-driving cars are still at the testing stage, but firms hope to be able to sell to early adopters relatively soon. The sales and profitability patterns and marketing implications of the model are described below. Example of the Product Life Cycle 2018. By definition, fashion is a style of the time. For example, an old product (in the market of U. S. Now without wasting anymore time, lets go straight into the business of the day. Products do not last forever. Stages include introduction, growth, maturity and decline and are explained in detail here. The journey starts from the day it is just an idea to the day it is finally removed from the market. Introduction – Self-driving cars. Changs’ combined Chinese and American Style, CPK’s California with a twist style, and BJ’s authentic brewhouse style. Usually, there are 4 different stages in the Product life cycle . Knowledge of the product’s life cycle can provide valuable insights into ways the product can be managed to enhance sales and profitability. A large number of people adopt a style at a particular time. Introduction: In the late 1800s, the first commercial typewriters were introduced. For example, the Tesla Model S is in its growth phase. A.) Fashion product life cycles last a shorter time than basic product life cycles. A typical cycle for a product is as follows: First a product will be developed. There is certain project life cycle for every project, program or product in which there are particular phases of development. 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