"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... :
1. INTRODUCTION... 2. GROWTH... 3. MATURITY... 4. DECLINE...
The product life cycle is an important concept in marketing. It includes four stages that a product goes through from when it was first thought of until it is eliminated from the industry. Not all products reach this final stage. Some continue to grow and others rise and fall." [Product lifecycle. Wikipedia]
The flow chart example "Product life cycle process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
The stages of a product's life cycle... :
1. INTRODUCTION... 2. GROWTH... 3. MATURITY... 4. DECLINE...
The product life cycle is an important concept in marketing. It includes four stages that a product goes through from when it was first thought of until it is eliminated from the industry. Not all products reach this final stage. Some continue to grow and others rise and fall." [Product lifecycle. Wikipedia]
The flow chart example "Product life cycle process" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
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How to Create a Sales Flowchart Using ConceptDraw PRO
A Sales flowchart is a specialized type of flowchart. With the help of a sales flowchart you can visually describe tasks, documents, people responsible for execution at each stage of the sales process. For most commercial organizations, the sales process is inherent to its existence and ability to create profit. Although each company will achieve this aim in its own way, the core selling process remains similar throughout — a potential buyer or prospective customer exchanges money with an organization in return for goods or services. Despite this rather simplistic definition, there exists huge scope as to which approach is taken. Indeed, it is not uncommon for the sales division to be the largest within a corporate structure, employing a team of salespeople, analysts, and the sales managers, who are in charge of sales division operations.The practical applications of sales process flowcharts are numerous and wide ranging. At sales level, you might map the process of customer interact- Product Concept Diagram
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