Product Life-cycle is the process a product goes through from when it is first introduced into the market , In this Segment you will get to know about the various stages and its Role in the product success.
Five stages in PLC:
Development- At this stage, costs are assembled with no parallel revenue. Some products require years and large capital investment to develop and then test their value. Since risk is high, outside funding sources are limited.
Introduction- This stage is about growing a market for the product and building product awareness. At this stage marketing costs are high,

The term Product Life Cycle (PLC) refers to the time period of a product being introduced to consumers into the market until it’s removed from the scene.

Five stages in PLC:
Development- At this stage, costs are assembled with no parallel revenue. Some products require years and large capital investment to develop and then test their value. Since risk is high, outside funding sources are limited.
Introduction- This stage is about growing a market for the product and building product awareness. At this stage marketing costs are high, as it’s necessary to reach out to the target audienc

Product-market fit is one of the most important Lean Startup concepts, Know what is Product/Market Fit, What it really means, How to Measure it, and Where to find it.
Product Management could be your key to move out of a stagnating career.

At times many of us may feel that we are stuck in a profession, in a job role, or in an organization that is not for us. It may feel like it is not our true calling.

Well, then why waste time? Make a career switch into a career of your choice.

Muster the courage and make the move.

If Product Management is your likely choice, then this is the r

Improving your interview skills requires diligence and time, If you are don't have much time and want a quick guide on how to crack your interview for the product management role, This is the right place for you to explore.
Be a Psychologist – Embark upon a journey to empathize and understand consumer needs and challenges
Be a Consumer Behaviour expert – Leave no stone unturned to mine latent consumer insights
Be a Marketeer – Use frameworks to gauge the perfect product-market fit
Be a Diplomat – Negotiate with and influence relevant stakeholders to obtain desired results
Be an Architec