#life #product #services #life cycle
Life whether of an individual or a product services depends upon the individual and the company providing the product services.we all talk about life cycle of product and we all know about it and the factors on which it depends .company launches a much hyped ultimate product than what is the need for new improved version few months later? Seems earlier product was produced half heartedly research innovation brainstorming futile or was it done knowingly? If the products are produced with consumer in mind do consumer have wavering mind if so ever what percent?Have ever there been research what is consumer essential needs? But there is research on income population age demographic etc and how product should be launched re-launched forced sale resulting in short life cycle of product services.lf the company on the other hand provides services or produces product which provides value for money will it not result in greater life cycle higher customer retention wealth maximization.I am not against change innovation and but how much and at what cost.we all love to have designer stuff luxury goods.why are they so exorbitantly priced ? I am not saying they should Sell cheaply after all they require lot of hard work etc.what if there prices are decreased a little will not they remain exclusive or there function differ with price .For instance whether high end or Low end they ply on the same road with different individual features but with main common feature of traversing distances.will it not be nice if company produces product services with consumer in mind rather than profit maximization only .I am not against change but it would be better if goods and services are such that it gives immense pleasure satisfaction to consumer .Thus there will be no need for relaunching the improved version regularly at short interval.Guys not against any product's services just sharing my views
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