When Dr. Footcare developed and launched a revolutionary new walking​ shoe, he knew that during the introductory stage of the product life cycle​ (PLC) __________.

Respuesta :

Answer:

needs a rapid skimming

Explanation:

Rapid skimming: Launching the product at a high price and high promotional level.

The product introduction phase generally includes a substantial investment in advertising and a marketing campaign focused on making consumers aware of the product and its benefits. Assuming the product is successful, it enters its growth phase. Demand grows, production is increased, and its availability expands.

During the introduction stage, you should aim to:

  • Establish a clear brand identity
  • Connect with the right partners to promote your product
  • Set up consumer tests, or provide samples or trials to key target markets
  • Price the product or service as high as you believe you can sell it, and to reflect the quality level you are providing