The Product Strategy and the Product Life Cycle
Roman Pichler
NOVEMBER 11, 2024
The product was launched in 2001 as the company’s first consumer music gadget in a market, which at the time was dominated by products like the Nomad Jukebox from Creative Labs. Product-market Fit (PMF) : The product is ready to serve the mainstream market. [4] Take the original iPhone, for instance.
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