Product Lifecycle Analysis

Problem

Products approaching the end of their sales lifecycle can result in overstock and lost revenue if not managed strategically

Insight

Analysis of sales trends indicates that specific products are experiencing a significant decline in yearly sales growth and are possibly nearing the end of their profitable sales lifecycle, signaling a need for targeted marketing or clearance strategies.

‍Impact

Implementing targeted discounting strategies for these products can increase sell-through and minimize losses on obsolete stock.