Maturity. Competitors offer similar products, and buyers start comparing offers with each other

[likhon450@]

. They choose what they think is more valuable.

It is necessary to constantly monitor competitors and maintain your positions. If consumers increasingly choose competitors' products, this will lead the LCT to the next stage of decline faster.

Decline. At this time, buyers lose interest in products and switch to more modern solutions. If a company wants to slow down this process, it should focus on the conservative segment. These people are cold to canada telegram mobile phone number list innovations and loyal to everything familiar.

In addition to consumer behavior, in some cases everything directly depends on the development of technology. For example, these are household appliances, smartphones and other gadgets. If an innovative technology appears on the market, then previous versions quickly become obsolete.