Maryam Agboola-Okeowo’s Post

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Seeking Entry level Product Manager Role|Skincare and Wellness consultant|3MTT Product management Fellow|HerTechTrail Product management Fellow

🚀 **The Product Lifecycle: A Journey from Idea to Legacy** 🚀 Imagine you have an idea. It's shiny. It's new. It's *the one*. But wait, before it can take over the world, it has to go through the Product Lifecycle—think of it like a rollercoaster of highs, lows, and a few “oh no” moments. 1. **Introduction (The Exciting Beginning)** Your product just entered the scene, and everyone’s excited! It’s like that new restaurant in town everyone’s curious about. But remember, there’s a lot of hand-holding here—marketing, educating, and maybe a few hiccups (no one said launching was easy). 2. **Growth (Hello, Fans!)** Your product starts getting traction. Customers love it, and it’s spreading faster than rumors in a small town. Now you need to scale, optimize, and maybe add a few more servers to handle all the new traffic. Think of it as your product’s teenage years—growing pains and all. 3. **Maturity (You’ve Made It!)** Your product is the cool kid on the block now. It’s stable, everyone knows about it, and the competition is starting to circle. You’ll have to work hard to keep the spotlight—new features, updated designs, and lots of marketing to keep that momentum alive. 4. **Decline (Time to Say Goodbye?)** Every product has its twilight phase. Sales drop, customers move on, and the new kid on the block steals the show. But hey, this doesn’t mean it’s over! This could be the perfect time to update, rebrand, or even pivot. Remember, nothing lasts forever (except maybe your favorite childhood snack). The Product Lifecycle is a journey, not a sprint. So buckle up, and embrace the ride! 🎢 #ProductManagement #ProductLifecycle #Innovation #StartupLife #Growth

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