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New Products and Product Life Cycle

Swee Hoon Ang

Chapter 10 in Principles of Marketing, 2026, pp 196-221 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The previous chapters focused on managing existing products. This chapter is about new products and how to manage a product over its life cycle.New products are important not only to businesses but also to customers. To businesses, new products are a way to grow and expand. To customers, new products offer solutions to problems and provide variety in life…

Keywords: Marketing; Marketing Process; Product; Product Life Cycle; Marketing Strategy; Marketing Partnership; Marketing Analytics; Customer Insights; Churn; Buyer Behavior; Market Segmentation; Market Positioning; Sustainable Marketing; Global Marketing; Digital Marketing; Promotion; Price; Pricing; New Product; Branding; Services; Market Targeting; Business Buyer Behavior; Marketing Environment; Marketing in Asia; Business; Consumer; Social Cause Marketing; AI in Marketing; Marketing Principles; Marketing Practices; Grab; Gojek; Shein; Perfect Diary; Innisfree; BTS; Taylor Swift; Chagee; Pocari; Marketing Principles (search for similar items in EconPapers)
JEL-codes: L81 M10 M30 M31 M37 (search for similar items in EconPapers)
Date: 2026
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