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The 6 Stages of the Product Life Cycle

Hubspot Marketing

This is a great example of the product life cycle (PLC) in action. Overall, the concept of the product life cycle is to help businesses make decisions on how to mature and grow in the marketplace. This is when marketing teams begin building product awareness and reaching out to potential customers.

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A look at martech investment and innovation

Martech

For us, as a martech management platform, it’s any product that supports developing and managing the customer experience or contributes to acquiring, engaging and retaining customers. This eliminates artificial lines between marketing, sales and customer success or between adtech, salestech, etc.

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How to create a product differentiation strategy

Welcome Software

We also look at real-life examples of product differentiation for you to take inspiration from. How to create a product differentiation strategy: There are four stages involved with any product differentiation strategy. Ask questions about their preferences, challenges, and what features they value most in a product.

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How to Start a Franchise Business

Neil Patel

This saves you time and creates a built-in customer base you can tap into. What you offer: Are you offering products or services? What is your product life cycle and how will you handle things like intellectual property? Study up on practices like paid advertising that can help you reach a wider customer base.

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Looking for Content Strategy Buy-In? Don’t Rely on the Same Old Arguments

Content Marketing Institute

Not having a centralized method of creating, managing, and distributing content costs more, hurts revenue, impedes sales, or challenges your ability to effectively service customers. It’s necessary for the future of customer experience. Moving content closer to the customer. But, this argument is almost never universally true.

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What Marketers Can Learn From Bud Light’s Tumble

Set Up

Bud Light launched a social media partnership with transgender activist Dylan Mulvaney to celebrate the anniversary of her transition that included sending her a custom made can with an image of her face printed on the side. The move was met with backlash from some followers who called for a boycott of the product. What happened?

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How Currys achieved a 56% open rate increase by optimising email subject lines in real time

Econsultancy

“[But] we found the opportunity to actually take a step back and look at end-to-end personalisation moments – how could we give customers a complete personalised experience, end-to-end?” “We’re really, really focused on: what are the ten moments that have the most customer value?