Learn About Product Life Cycle (PLC) "Products are born and products die; all products and services have life cycles (Levitt, 1960, 1965)."

Product Life Cycle (PLC)

Concept Overview

Product Life Cycle (PLC) Definition

The Product Life Cycle (PLC) is a generalised model of the sales trend for a product class or category over a period of time, and of related changes in competitive behavior (Buzzel, 1966).

Product Life Cycle (PLC) Description *

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Business Evidence

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Business Application

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Professional Tools

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Further Reading

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Product Life Cycle (PLC) References (4 of up to 20) *

  • Baker, M. and Hart, S. (1999) Product Strategy and Management, Prentice Hall, Essex, UK.
  • Burnes, B. (2009) Managing Change. (5th Ed.) Pearson Education, Essex, UK.
  • Buzzel, R. (1966) Competitive Behavior and Product Life Cycles. The 1966 World Congress, Chicago, American Marketing Association.
  • Day, S. (1981) The Product Life Cycle: Analysis and Application Issues. Journal of Marketing, Vol. 45, pp. 60-67.

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