Karteikarten
A LEVEL PRODUCT DESIGN - PRODUCT LIFE CYCLE
Karten in diesem Stapel (6)
- 1How long a products life cycle lasts depends on...- Changes in materials and technology.
- Changes in consumer demand.
- Sales.
- What the product is.
- How technically complex the product is. - 2Introduction and LaunchThe product has newly been released onto the market, sales can be slow as consumers may not recognise the benefits of the new product. At this stage costs will be high and profits low.
- 3GrowthAs advertising takes effect and consumers see the benefits of the new technology, sales start to rise, there is a steady increase in profits. Competitors may introduce their own branded version of the product.
- 4MaturitySales begin to level off, the market becomes saturated with competitor designs. Major companies have already designed new products ready for launch.
- 5DeclineThe market is completely saturated and sales start to drop off. Companies must decide whether to launch a new product or accept declining profits.
- 6Planned ObsolescenceSome companies deliberately keep the lives of their products short, they produce new or improved products at short intervals, before the current product has reached maturity or decline. Advertising campaigns are based on having the 'latest version' of a product. Some products must have built in obsolescence for safety or hygiene reasons, and also to keep the costs at an affordable level.
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- A Levels PRODUCT DESIGN Karteikarten am A LEVEL PRODUCT DESIGN - PRODUCT LIFE CYCLE, erstellt von charlotte-clayto am 05/05/2014.
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- charlotte-clayto
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