Bittime - In the business world, especially in the context of product or service development, two important phases that are often discussed are the Exist Phase and the Distribution Phase. These two phases have different but equally important roles in the product life cycle. Let's understand more about each phase and their differences.
1. Exist Phase
Exist Phase refers to the stage where a product or service has been developed and is ready to be launched into the market. At this stage, the main focus is ensuring that the product or service meets established quality standards, as well as identifying the right target market and marketing strategy.
Exist Phase Characteristics
Product development: A product or service has been completely developed and has gone through a series of tests and evaluations.
Marketing: Focus on marketing strategies to introduce products to potential consumers.
Launch: A product or service is officially launched into the market.
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2. Distribution Phase
Distribution Phase is the stage where the product or service is introduced to the market and distributed to consumers. At this stage, the main concern is ensuring that the product or service is widely available and accessible to the intended consumers.
Distribution Phase Characteristics
Distribution: Focus on distributing products or services to various channels and points of sale.
Market penetration: Efforts to increase market penetration and reach as many consumers as possible.
Supply chain management: Ensuring the availability of products or services through efficient management of the supply chain.
Key Differences
Main Focus
The Exist Phase focuses on product preparation and launch, while the Distribution Phase focuses on product deployment and accessibility to the market.
Main Activities
The Exist Phase involves product development and marketing strategy, while the Distribution Phase involves product distribution and market penetration.
Final destination
The Exist Phase aims to launch the product to the market successfully, while the Distribution Phase aims to ensure the product is widely available and accepted by consumers.
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By understanding the difference between Exist Phase and Distribution Phase, companies can manage their product life cycle more effectively and maximize the chances of success in marketing and distribution of their products or services.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What is a Distributed Network?
What is a Distributed Denial of Service (DDoS) Attack?
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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