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how to best identify the recent stage in the cycle for a certain product ?

In my job I am always wondering how precise have i been in deciding on that our product is in its maturity stage , and accordingly we must plan better promotional mix , and do careful pricing tactics

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Question added by Almothanna Hammad , مدير علاقات العملاء , شركة هيونداي سورية
Date Posted: 2013/06/10
Almuiz Tawfiq Basheer
by Almuiz Tawfiq Basheer , Projects Sales Engineer , company working in warehouse wtorage & logistics

We can refer to sales numbers, rejected products, complaints and appreciations.
We can also-when it is possible- to take minutes to ask clients (existing or new) to about their views and observations.
Also informations about competitors is very important to get an idea about your product or company ranking in markets.

By mean of the curve of life of the product.
This way we will see in which stage is the product and we will be able to take the necessary measures to keep on selling.

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