The table has the columns Introduction, Growth, Maturity, and Decline.

The first part of the table focuses on Characteristics, as given below for each phase of the product life-cycle.

Sales

Introduction: Low sales

Growth: Rapidly rising sales

Maturity: Peak sales

Decline: Declining sales

Costs

Introduction: High cost per customer

Growth: Average cost per customer

Maturity: Low cost per customer

Decline: Low cost per customer

Profits

Introduction: Negative

Growth: Rising profits

Maturity: High profits

Decline: Declining profits

Customers

Introduction: Innovators

Growth: Early adopters

Maturity: Mainstream adopters

Decline: Lagging adopters

Competitors

Introduction: Few

Growth: Growing number

Maturity: Stable number beginning to decline

Decline: Declining number

The second ...

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