Ways
of product life cycle management
Before one proceed
further about ways of product life cycle management, it is important to have an
exact idea what actually product life cycle management refers to? There are
numerous ways to explain the term in a well to do manner. Thus, it could be said
that, it is a systematic series of actions or steps that manages the whole life
cycle of the product taking in account the particularities of the product
including its design, manufacturing material, service and disposal from all
aspects. The term product life cycle generally consists of five terms that are;
1.
Development
of product
2.
Introduction
of product
3.
Growth
of product
4.
Maturity
in product
5.
Final
stage of the product
These above mentioned
terms are exist and can also be categorized further depending on the features
of the product and it should also to be noted when a product comes new in the
market knowing the daily sale of the product.
1.
Development
of product
This phase of the
product is concerned when an organization gets successful in accomplishment of
product with new ideas. Thus takes the translation of different stuffs related
to the product and applying them in the product. Generally, a product goes
through different modifications including money and the time period of the
product development before it comes in the market for the customers. After that
we can analyze the more information regarding sales of the product in the
market places.
2.
Introduction
of product
The introduction of the
product is majority concerned with the launching of product on utilizing such
strategies so that maximum sale from the product could be achieved. Such an
example with ever retaining sales is Windows Vista launched by Microsoft
Company. In order to get the targeted sales of the product it is necessary for
the for the company owner to spend more money on the advertisement of the
product at various areas including social medias and networking sites.
3.
Growth
of product
The best part about the
growth phase is that it lets you watch the product go off for the first time
into the marketplace. This is the best time to work on increasing your market
share. If the product is new in the market (either a brand new market or one
that's already there) then it's fairly easy to get market share at this point.
The company has to show
their product's features and try to make it look like their product is better
than their competitor's. Usually a company will change their product often to
keep competitors from copying their work and selling more of the product. A
company can also get licenses and copyrights to help keep their product unique.
4.
Maturity
in product
In the Maturity Phase
the market isn't growing as it was before, and making money here is at the
expense of another company's profit, instead of simple market growth. If a
company has already reached its market share goal by this time, it enjoys a
large profit here, but if a company has fallen behind its goal, it should
reconsider its marketing.
5.
Final
stage of the product
Withdrawing from a
market is a complex task and involves considering lots of issues: maintenance
gets more difficult as products age, and eventually it becomes difficult to
keep up. Companies typically try to keep their price high, even on their older
products, to push what customers remain using the product onto something newer,
where there's more money to be made.
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A
glimpse of Talugu movies
Nowadays, in India
Talugu movies are getting more popular than those of the Bollywood. The
creativity among Talugu film makers has brought a unique sign of creating more
than what the real world is all about. Though the language a film is made with
also plays an important role, as India is a country having people speaking
Hindi language in majority; so is the popularity in the Bollywood film
industry. Since it’s a fact that all people in India don’t understand the
Talugu language that’s why most movies are usually remade in Hindi as well.
However, it is no doubt that Talugu films are much better than Bollywood ones in
case of Hindi dubbed movies. Moreover, I recall one of my favorite movie of
Rajnikanth namely ROBOT that was initiated in Talugu language and also got a
Hindi dubbed version as well that finally retained good profit to the film
makers only because of the fact that the people who are in majority are Hindi
speaking. Otherwise, the film was good enough to be nominated for the Oscar
awards as well. Innovative technology with 3-D animation is what exactly the
Talugu film makers went through while making the ROBOT movie, loved by everyone
specially Youngers. The most important factor among Talugu films these days is
to depict a real world image that was clearly shown in ROBOT film utilizing
advanced technologies and helping out people with their problems to be solved
with all aspects of their social life.
Besides, Talugu film
industry has got those films liked by every one where fight with 3-D animation
is made possible. These days, we need something new in film industries with
proper utilization of innovative technology to make scenes look even better.
Music is some sort of main ingredient without which Talugu films are incomplete
where heroes and heroines come up with romantic scenes to add more colors in
the films. Some well known Talugu actors and actresses are Rajinikanth, Parbhas
Raju Upllapati, Akineni Nagarjuna, Chiranjeevi and among actresses Saradaga,
Sada, Archana, Yaamini and Namitha are the most popular actresses these days.
If you are talking about music directors in Talugu film industry then I must say
are AR. Rehman , Anu Malik, OP Nayyar and Rajesh Roshan are the most renowned
names in the Talgu film industry . These music directors have not only earned
their name in Talugu film industry but also at the international level. In
addition to that, AR. Rehman was also awarded with Oscar that made
revolutionary change among music directors in India to perform their best ever.
Thus, Talugu movies are pushing up towards India, Srilanka, Bangladesh,
Pakistan and other countries all over the world.
