Candle Product Life Cycle Stages - Product Development NSAB538B22

This report details the various stages of a candle product's life cycle, providing insights into product and service development. The stages covered include the initial idea, research phase, development process, testing procedures, analysis of market demand, and the introduction of the product to the market. Each stage is described in terms of its purpose, activities involved, and importance in ensuring the successful launch and market penetration of the candle product. The report emphasizes the need for thorough research, rigorous testing, and strategic pricing during the introduction phase to gain market share and build awareness among consumers.

PRODUCT AND
SERVICE (P3)

Contents
•
Life Cycle Stage
•
The idea
•
Research
•
Development
•
Testing
•
Analysis
•
Introduction

Life cycle stage
•
The idea
•
Research
•
Development
•
Testing
•
Analysis
•
Introduction

Life Cycle Stage
•
Life cycle stage is a candle product of marketing and
management decision with Yankeen portofia.
•
Life cycle stage is a different stage of a candle product.
•
Candle product is the goal of new product is the stage of a
product first brought to market.
•
Its introduction to meet consumer needs with quality of a
product.
•
Most companies understand the candle product is different
product life cycle stage.

The Idea
•
Life cycle stage is the stage of the idea of a
product.
•
The company use is different idea is a consumer
use the growth of the company in the marketing.

9

Research
•
Is the stage of pee-launched of a candle product
or brand is one the table of research stage.
•
It is the positive impact of the product is various
types of research in research methods.
•
Is the research of this stage candle product
according the customer needs. The product of a
candle is all cost is decide the research cost.

Development
•
Candle product development is the stage of life
cycle stage its the beginning of a product to
develop a new idea.
•
Its already come up with new candle product or
services idea and in market ready to bring.
•
It is stage of need some help of the product
regular development of a new ideas.