Determine the current stage of a product within its lifecycle (introduction, growth, maturity, decline).
Task: Identify the current product lifecycle stage for [product_name]. Consider the following information: - Sales trends: [sales_trends] - Market saturation: [market_saturation] - Competitive landscape: [competitive_landscape] - Marketing focus: [marketing_focus] Output Format: State the stage and a brief justification.
Utilize a structured approach to identify and prioritize the essential features for your minimum viable product (MVP), ensuring focus on core value.
Identify and screen potential acquisition targets based on strategic criteria and market analysis, ensuring optimal fit.
Assess your current product-market fit using key metrics and qualitative data, then identify specific opportunities for optimization and accelerated growth.