Product Life Cycle Explained | Apple iPhone & Coca Cola Examples

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  • čas přidán 21. 07. 2024
  • Watch this video if you want to understand the product life cycle and how it impacts businesses.
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    The video explains what the product life cycle is, providing you with the benefits and limitations of the model. During the video, the product life cycle is also applied to the Apple iPhone and Coca Cola.
    A free supporting activity worksheet to allow you to apply your knowledge of the Product Life Cycle is available on the following link: www.twoteachers.co.uk/product...
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Komentáře • 72

  • @TwoTeachers
    @TwoTeachers  Před 4 lety +9

    What's next for the iPhone, how long do you think it will stay in the 'maturity stage' and what will happen next? Comment below.

    • @swaraj44
      @swaraj44 Před 3 lety +2

      Cool accent, cool flow, perfect delivery. Helped me loads!!!!

    • @TwoTeachers
      @TwoTeachers  Před 3 lety

      @@swaraj44 that's great to hear, glad you found it useful 👍

  • @Brownaldo2
    @Brownaldo2 Před 3 lety +21

    Lads. From one business teacher to another. Thank you.

    • @TwoTeachers
      @TwoTeachers  Před 3 lety +1

      Thanks James really appreciate that! Let's all keep smashing business 👍

  • @jssome7835
    @jssome7835 Před 4 lety +31

    You guys are saving my A Level : )

  • @user-qs4py9tq8d
    @user-qs4py9tq8d Před 4 měsíci +2

    very informative mate

  • @amaleenayesha6224
    @amaleenayesha6224 Před 3 lety +6

    You guys are helping me a lot with my assignment. Thank you!

    • @TwoTeachers
      @TwoTeachers  Před 3 lety

      That’s great to hear and is exactly why we do the videos so thank you 👍

  • @BinnyBongBaron_AoE
    @BinnyBongBaron_AoE Před 4 lety +4

    What an absolutely excellent video. Thanks, guys!

    • @TwoTeachers
      @TwoTeachers  Před 4 lety

      Thanks alot Dave, really appreciate that. Glad you found it useful 👍

  • @steveneal8272
    @steveneal8272 Před 2 lety +1

    Using this in class today. Thanks for giving a great video with products students understand!

    • @TwoTeachers
      @TwoTeachers  Před 2 lety

      You're very welcome Steve, it's great to hear you found it useful!

  • @PartnerWithAngela
    @PartnerWithAngela Před 7 měsíci +1

    Excellent 👍 thanks 🙏

  • @madhuravi6953
    @madhuravi6953 Před 3 lety +2

    Thank you for beautifully explaining the concept.

    • @TwoTeachers
      @TwoTeachers  Před 3 lety +1

      Really appreciate you saying that, glad you found it useful.

  • @Dreamthoughts
    @Dreamthoughts Před 2 lety +1

    A lot of information in such a short video. I Loved it. Thank you 😍

    • @TwoTeachers
      @TwoTeachers  Před 2 lety

      Thank you for the feedback, really glad it helped you 👍

  • @azeribelfort
    @azeribelfort Před 3 lety +1

    Thanks guys! Got a good mark on my IGCSE homework😎😎😎

    • @TwoTeachers
      @TwoTeachers  Před 3 lety

      That's great to hear Omar, happy for you.

  • @salik9994
    @salik9994 Před 3 lety +3

    I've just completed 300 likes on this video, it's informative ❤️

    • @TwoTeachers
      @TwoTeachers  Před 3 lety

      300 likes, where buzzing about that our best yet!!! Thanks for being the 300th :) Glad you liked it.

  • @sweetnessntsoeng5377
    @sweetnessntsoeng5377 Před 2 lety +1

    Thank you for the fruitful information. So what is the assumptions of the product life cycle of Apple?

    • @TwoTeachers
      @TwoTeachers  Před 2 lety

      I agree, very fruitful. Well, one would assume the Apple iPhone may have hit maturity but I sense danger ahead with the Facebook and Ray-Bans collaboration that is coming out (Ray-Ban stories).

  • @lovelyxtyxty8261
    @lovelyxtyxty8261 Před 3 lety +3

    Thanks for the informative video. It could do better if it was louder and speech pace.

    • @TwoTeachers
      @TwoTeachers  Před 3 lety +1

      Thank you for letting us know. Glad you found the information informative 😁

  • @Chelseyhamburger631
    @Chelseyhamburger631 Před rokem +1

    Thank you so much for the great video!

    • @TwoTeachers
      @TwoTeachers  Před rokem

      Thank you for commenting. Really pleased you liked it!

  • @koenmoerman6539
    @koenmoerman6539 Před 2 lety +1

    Clear info, thanks :)

  • @Evilofhumanity
    @Evilofhumanity Před 3 lety +5

    underrated video

    • @TwoTeachers
      @TwoTeachers  Před 3 lety +1

      Thankyou very much, really appreciate that.

  • @reecemcluckie5857
    @reecemcluckie5857 Před rokem +1

    Brilliant video, Thank you

  • @kamyak4148
    @kamyak4148 Před 9 měsíci +1

    its edging time😎🤑

  • @Bozmusic195
    @Bozmusic195 Před 3 lety +1

    ive gotta exam tommorow on this (and 10 other things) thanks for helping my last minute revision

    • @TwoTeachers
      @TwoTeachers  Před 3 lety

      Hope the exam went well, glad we could help 😃

    • @Bozmusic195
      @Bozmusic195 Před 3 lety

      @@TwoTeachers it did thanks (i think) haven’t gotten results back yet

  • @kyletaylor5436
    @kyletaylor5436 Před 3 lety +1

    Very good very nice

  • @user-tj8vv6rw3b
    @user-tj8vv6rw3b Před 3 dny

  • @YeshwanthNandakumar
    @YeshwanthNandakumar Před 8 měsíci

    this is my answer could you please have a look at it sir During Its' first quarter the iPhone sold 270,000 units, marking its' territory in the introduction stage. Since then the iPhone has sold upwards of 1 billion units. Chart 1-2 show continuous growth for iPhones sold. At this point, the iPhone has entered the maturity-saturation stage of the product life cycle.

    • @TwoTeachers
      @TwoTeachers  Před 8 měsíci

      I'm not sure what the question was my friend?

  • @axieclkids9853
    @axieclkids9853 Před rokem

    Hope it will have subtitles so we can understand

  • @puff9950
    @puff9950 Před 4 lety +4

    i bet ur fav pupil is brad

  • @ntcuong01ct1
    @ntcuong01ct1 Před 2 lety +2

    Dear Friends,
    I have many questions about product life cycle:
    1/ New product introduction stage: The market is not yet available, the basic purchasing power is not high, running continuous campaigns + promotions, gross profit margin is only 1-3% and it can be less than 0.
    2/ The Growth stage: The market has accepted the product and continues to grow in terms of market share, at this time, revenue and gross profit has grown steadily, basic purchasing power has increased, but it costs a lot to run campaigns and maintain. Basic promotions.
    3/ Booming period: Revenue and gross profit grew significantly (> 20%).
    4/ Should we track the product life cycle year by year?.
    Do you have any suggestions?. Thank you.

    • @TwoTeachers
      @TwoTeachers  Před 2 lety

      Great question, you could track the product lifecycle annually yes just to ensure where you are at. However, it's always important to consider where your products are on the Product Life Cycle to see if you need to employ some extension strategies etc. and also adjust marketing tactics accordingly. Hope this helps 👍

    • @Tranter19
      @Tranter19 Před 7 měsíci

      humbled ooo@@TwoTeachers

  • @thalapathybeast7419
    @thalapathybeast7419 Před 5 měsíci

    Hii FYBMS B division

  • @papashred1141
    @papashred1141 Před 2 lety +1

    Thanks boss exam tomorrow

  • @sreekanth613
    @sreekanth613 Před 2 lety +1

    I think you spoke about Brand Growth, not Product Life Cycle..

    • @TwoTeachers
      @TwoTeachers  Před 2 lety

      Thank you for your input. The video is about the product life cycle. Examples are provided from Apple and Coca Cola 😁

  • @oscarbischoff9792
    @oscarbischoff9792 Před 3 lety +2

    How’s everyone doing?

  • @mohammadfahim5188
    @mohammadfahim5188 Před 11 měsíci

    Information for the Coca cola's graph is not clear. The years, unit sales, place of data is not correct!!!

  • @therealduckz5508
    @therealduckz5508 Před rokem

    two teachers

  • @hiteshpant
    @hiteshpant Před 2 lety +1

    Which accent is this? So difficult to understand.

    • @TwoTeachers
      @TwoTeachers  Před 2 lety

      It's the Southern borough of Southern Yorkshire!