Free Google Slides theme and PowerPoint template

The Product Life Cycle presentation template is the perfect way to explain the concept of product life cycles in an engaging, professional manner. Featuring a light-and-dark background and an eye-catching 5-step cycle diagram with colorful circles that each feature handy icons, its visual appeal will draw the audience in and make them pay attention. Each circle represents a different stage of the product life cycle: Development, Introduction, Growth, Maturity, and Decline. This template works seamlessly with PowerPoint and Google Slides, so you'll have no trouble creating a modern look for your presentation. Investing in this creative template will take your product life cycle materials to new heights - don't wait to make this useful asset yours today!

Understanding the product life cycle (PLC) is an essential skill for product designers, marketers, and business owners alike. This is because the product life cycle has 4 distinct stages - Introduction, Growth, Maturity, and Decline - each with its own implications and challenges to navigate.

During the Introduction phase, the product is new to the market and has yet to be accepted by consumers. Businesses have to expend resources in order to create recognition and build a customer base. During the Growth stage sales and profits rise as word about the product spreads. This is when businesses build their brand awareness through marketing campaigns. In the Maturity stage costs are trimmed and profitability may decline as competition increases and demand begins to plateau. Finally, during the Decline, profits decrease dramatically due to loss of consumer interest or technological obsolescence – making it essential for the business to innovate if they want continued success in the marketplace.

While the exact duration of a product’s life cycle can depend on a range of factors, it’s important to remember that all products eventually reach their ‘sell-by date’. Understanding the concept of the product life cycle can be invaluable in strategic decision-making and success - like knowing when to develop new marketing strategies for a maturing product or start designing its replacement before sales begin to decline.

Template Features:

• - 100% editable and easy to modify
• - 2 dark and light slides to impress your audience
• - Contains easy-to-edit graphics
• - Designed to be used in Google Slides and Microsoft PowerPoint
• - PPT/PPTX format file
• - 16:9 widescreen format suitable for all types of screens
• - Includes information about fonts, colors, and credits of the free resources used.