Which of the following stages in the product life cycle focuses on obtaining a foothold in the market from a marketing viewpoint?

Question

Quizplus · Accepted Answer

The introduction stage is the correct answer as it focuses on launching the product and obtaining a foothold in the market. During this stage, the marketing efforts are primarily focused on creating awareness, generating interest, and persuading customers to give the product a try.

Which of the Following Stages in the Product Life Cycle