Determine which stage of the product lifecycle a given product is currently in.
Task: Identify the current stage of the product lifecycle for [product name]. Context: Consider typical product lifecycle stages: introduction, growth, maturity, and decline. Provide a brief justification for your assessment.
Outline key criteria to consider when deciding whether to discontinue a product.
Utilize a structured approach to identify and prioritize the essential features for your minimum viable product (MVP), ensuring focus on core value.
Assess your current product-market fit using key metrics and qualitative data, then identify specific opportunities for optimization and accelerated growth.