Distribution channels should be established in the introduction stage of the product life cycle.

Name: Distribution channels should be established in the introduction stage of the product life cycle.
Brand: Quizplus
Rating: 4.7 (36 reviews)

Question

Quizplus · Accepted Answer

It is crucial to establish distribution channels in the introduction stage so that customers can easily access the new product and generate early sales. This helps to create brand awareness and momentum for the product, which can accelerate growth in the subsequent stages of the product life cycle.

Distribution Channels Should Be Established in the Introduction Stage of the Product