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  • jnm22 replied to the topic Product Life Cycle Curve in the forum Product Life Cycle and Product Management 8 years ago

    I think the most expensive part will always be the research and development phase as a lot of money is wasted by ideas that don’t work or even scaling the idea up and down. Money is spent from testing, contracting, materials just the general initial discovery. After that once he product is set the cost can be strict as it’s just a game of cheap resources and labor