" Product life cycle is a business analysis that attempts to identify a set of common
stages in the life of commercial products. In other words the ' Product Life cycle '
PLC is used to map the lifespan of the product such as the stages through which
a product goes during its lifespan. The stages of a product's life cycle can be
This sequence is associated with changes in the marketing situation, thus
impacting the marketing strategy and the marketing mix. The product revenue
and profits can also be plotted as a function of the PLC stages. The template "
Product life cycle graph " for the ConceptDraw PRO diagramming and vector
drawing software
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Flowchart - Product life cycle process
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This sequence of stages of a product's life cycle is directly connected with
changes in marketing situation, which influence on the marketing strategy and
marketing mix. The graphs are often much useful than strict numbers, it is enough
one glance on the graph to see the product life cycle development, the progress
or
Flowcharts Solution. ConceptDraw.com
Example 2: Flowchart — Product Life Cycle Process. This diagram was created in
ConceptDraw PRO using the Flowchart Rapid Draw Library from the Flowchart
Solution. An experienced user spent 20 minutes creating this sample. This
flowchart sample provides a structure for business analysis that identifies a set of
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