Which type of product has equally rapid introduction and decline - ProProfs Discuss
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Which type of product has equally rapid introduction and decline stages of the product life cycle?

Asked by Kfer, Last updated: Mar 23, 2024

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kfer020

kfer

kfer020
Kfer

Answered Jul 18, 2019

Fad products

The text explains on p.285-6 that fad products experience rapid sales on introduction and then a rapid decline. Examples are rubber dresses and some childrens toys like Scoobies (plastic strings that can be woven into jewellery).
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