Market Life Cycle Law and Legal Definition
Market Life Cycle is the period of time that a substantial segment of the buying public, is interested in purchasing a given product or service form. A new product progresses through sequence of stages from introduction to growth, maturity and decline. It is associated with the changes in the marketing situation thus impacting the marketing strategy and the marketing mix.
Legal Definition list
Related Legal Terms
- Above the Market
- Abuse in Later Life Program [Department of Justice]
- Accelerated Life Insurance Benefits
- Acceptable Quality Level [Agricultural Marketing Service]
- Acceptance [Agricultural Marketing Service]
- Accounting Cycle
- Accrued Market Discount
- Adjustable Life Insurance
- Adolescent Family Life Act
- Advanced Life Support [ALS]
