Each Product Will Have a Life Cycle, Although Its Exact

question 11

Essay

Each product will have a life cycle, although its exact shape and length is not known in advance. Briefly explain each phase of the product life cycle.

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Definitions:

Secondhand

Items that have been previously owned and used by someone else before being sold or given to another person.

Digital Deal

An agreement or transaction that takes place through electronic means, often involving the exchange of digital goods or services.

Groupon

A website that offers users discounted gift certificates usable at local or national companies, focusing on group buying power to obtain deals.

Web App

A web application or web app is a client-server software application in which the client runs in a web browser.