Enhance Product Lifecycle Management and Purchase Intentions PT Avo Innovation and Technology
Abstract
The fast beauty industry is characterized by rapid product innovation cycles
and dynamic shifts in consumer preferences, creating challenges in product
lifecycle management (PLC) and inventory control. This study aims to analyze how
PT AVO Innovation and Technology (AVO), an Indonesian beauty company,
manages the lifecycle of its skincare products and to identify areas for improvement
in promotional and inventory strategies.
A qualitative descriptive approach was employed, with data collected through
semi-structured interviews involving three key informants from the Product
Innovation & Development, Marketing Communication, and Sales/E-commerce
divisions. The data were thematically analyzed with support from PLC, supply
chain management, and consumer behavior theories.
The findings reveal that AVO applies a structured lifecycle process, ranging
from pre-launch internal testing, promotional campaigns at launch, sales monitoring
during growth, bundling strategies at maturity, to reformulation or discontinuation
at decline. However, challenges remain, including inventory buildup in slow-
moving products, reliance on reactive forecasting, promotional strategies focused
mainly on best-sellers, and the absence of clear discontinuation criteria.
These results highlight that AVO’s competitiveness depends not only on
continuous innovation but also on its ability to align lifecycle management with
promotional planning and inventory control. The study emphasizes the need for
data-driven forecasting, lifecycle-based promotions, and stronger cross-divisional
coordination to reduce risks and sustain competitiveness in the fast beauty industry.
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