Product Life Cycles: Maturity Stage
 

Maturity occurs as a market becomes saturated.


There are two ways to maintain
market share:

  • Invent new features that attract
    Innovators, Early Adopters and
    Late Adopters like the ability to
    take pictures with a cell phone, or
  • Engage in a "Price War."

Price wars often become a destructive
"race to bankruptcy."
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