Product Life Cycle Diagram in PowerPoint – Each phase of the product life cycle (PLC) curve is depicted in its own slide in this expert PowerPoint template, which is 100% editable.

A model called the “Product Life Cycle” was developed to illustrate the stages that a product goes through from conception to discontinuation. The model is comprehensive enough to be used in the context of a whole product category or a specific product. The model is a straightforward yet effective strategy tool that aids firms in planning the development of new goods and the evolution of current ones.

The Global Product Life Cycle Model is organised into four basic stages (a fifth stage, newly added to depict incorporation of innovation within the product process, is included in a current representation). The following are the stages:

Introduction

• Growth
• Maturity
• Decline
• Reinvention

This model is typically utilized while reviewing a business model or when strategizing. It gives a clear picture of the stage the company’s goods and services are at. A helpful tool for the Product Life Cycle analysis is the BCG Matrix.

The Product Life Cycle Model aids in planning and comprehending the sales forecast. Products in the model’s early stages are likely to see rising sales as the product develops. When it reaches the mature phase, sales will stop increasing, but they will maintain a high volume of sales for a while (until the decay phase is reached).

The PowerPoint Diagram is a polished, editable PowerPoint template that follows the best design principles. The only thing users need to do to explain their product life cycle is to replace the placeholder text with their actual text. Impress your audience with polished PowerPoint diagrams that are interactive and create messages that stick.