The Product Strategy and the Product Life Cycle
Roman Pichler
NOVEMBER 11, 2024
1] Figure 1: The Product Lifecycle Model with Key Events and Chasm Take Appleās iPod as an example. In addition to the five stages, Figure 1 contains four important events in the life of a product: Launch : An initial product, the minimum viable product (MVP) , becomes available. At some point, it declines, and eventually, dies.
Let's personalize your content