The paper identifies four fundamental stages of the product life cycle and provides examples of products that may be found in the respective stages today. The methods of object differentiation include input-output techniques, the tiered analysis, etc. (Sangwon and Huppes 688). The evaluation is based on the processes of retrofitting, maintenance, and user training (Aurich, Fuchs, and Wagenknecht 1482).
The modern glasses with an in-built computer mark the introduction stage. Currently, the product receives much attention from wealthy customers, who tend to experiment using innovative high-tech devices. The LCD displays of the glasses reflect the whole world through a single microscopic point (Balowin par. 2).
The stage of growth reveals the tendencies of gradual enhancement of product usage. The example of such trading material is a selfie stick, which is often considered to be the miracle of the photography domain. The device assists the users in taking pictures of oneself from afar. It is claimed that the tool has already managed to take over the world. However, the marketing of the product is still successful only with some particular groups of marketing (Sheridan par. 1).
The maturing dimension includes the products that have gained some extensive recognition. Today, however, the materials’ popularity is declining for multiple reasons such as competitive strategies or decent substitutions. The instance of such a product is Apple devices. Despite the brand accounts for the high correspondence to customers’ demands, it is acknowledged that Apple sales outcomes show the lower rates in recent years (DeMers par. 2).
Finally, the stage of decline concerns such products as personal computers. During the last two years, the world faced the absolute dominance of compact mobile tools over computer devices (Davey par.1).
Works Cited
Alba, Davey. The Death of the PC Has not Been Greatly Exaggerated. 2015. Web.
Aurich, Jason, Craig Fuchs, and Charles Wagenknecht. “Life-Cycle Oriented Design of Technical Product-Service Systems.” Journal of Cleaner Production 14.17 (2006): 1480-1494. Print.
Balowin, Roberto. 6 Glasses with Integrated Displays that You Can Buy Today. 2012. Web.
DeMers, Jayson. Here’s the Simple Secret to Apple’s Marketing Success. 2014. Web.
Sheridan, Marcus. Mad Marketing 47: Selfie Sticks, SEO Tips, and Getting Sued for Content Marketing. 2015. Web.
Suh, Sangwon and Gjalt Huppes. “Methods for Life Cycle Inventory of a Product.” Journal of Cleaner Production 13.7 (2005): 687-697. Print.