The Product Life Cycle of Samsung Galaxy (Essay Sample)

The Product Life Cycle of Samsung Galaxy Note 4
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The Product Life Cycle of Samsung Galaxy Note 4
The Galaxy Note 4 is a new product in the global market; hence, the market response would be positive because of the previous performance the company’s products, which have attracted positive perceptions from the targeted clientele. It is critical to understand that the product’s performance from the introduction would be attractive and the market analysis will depict a positive and an upward move in the electronics market. The fact that the global market of electronics comprises of majority youths is an indication that the product is likely to attract a profitable clientele population (Stark, 2011). Arguably, the inclusion of academic applications, for example, Microsoft features will attract students in the universities, as they would perceive the product as an efficient learning tool. On the other hand, the product’s introduction in the market and the use of potential advertisement practices will propel its growth rate since many potential clients will learn about it, and engage in the search and purchase steps.
The mobile phone appliances market comprises of innovative competitors, and it is important for the marketers to realize that competitors such as the Apple, Google, and Windows companies are innovative; hence, they would develop their alternative competing products to address the situations and regain the lost market segments. At that point, the Samsung Galaxy Note 4 will reach its optimum level after the exploitation ...