At which stage in the product life cycle are discounts and coupons offered to both consumers and intermediaries to maintain loyal buyers?

Question

Quizplus · Accepted Answer

Discounts and coupons are often used during the maturity stage of the product life cycle to maintain loyal customers and encourage repeat purchases. During this stage, the market becomes saturated and competition increases, making it important to retain existing customers. Offering discounts and coupons can help incentivize customers to continue purchasing the product over competitors.

At Which Stage in the Product Life Cycle Are Discounts