product life cycle for a random consumer product 4 ps

Pick one of your favorite (or random) consumer products and walk through the stages of the Product Life Cycle in terms of the 4 Ps (Price, Product, Promotion, and Place), profits, and revenues. In other words, you are the marketing manager for this random product. Discuss what you would do, strategically, at each stage in terms of the 4 Ps and what one might expect in terms of profits and revenues.

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