Product Life Cycle
Decline

Decline is the last stage of the product life cycle, this is basically were the product comes to an end.

When the product has been out for a very long time it will then become to its lowest price, this could be because not many people brought the product.

If this happens the business will keep decreasing the price until the public start buying the product again.

When products come to a point of decline, most businesses would bring out a new product to the market and this life cycle will keep reapeating.