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 commonly offered during the maturity stage of the product life cycle to maintain loyal buyers and increase sales. This is because the product has already established a loyal customer base and the competition is high, so offering discounts and coupons can attract new customers and retain existing ones.

Which Stage in the Product Life Cycle Are Discounts and Coupons