The revenue curve can significantly impact a product's life cycle. It's a graphical representation of the revenue generated by a product over its life cycle. The peak of the revenue curve often signifies the transition from the maturity to the saturation stage of the product's life cycle. If the revenue starts to decline after reaching its peak, it could indicate the end of the product's life or a contraction in the product's market. However, if new features are introduced that stimulate customer interest and increase sales, the product could enter a stage of renewed growth, extending its life cycle.
How do you stay innovative and provide the right values for customers? Effective product development...
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