Discuss the Product Life Cycle Concept and include the relative amounts of sales and profit during each stage.

It is recommended that you aim for 2-3 paragraphs for each question and use each question as a heading so that the paper is organized. Deliverable Length: 5-page minimum,Question 1:Define what is meant by “brand equity” and discuss what a company can do to maintain brand equity.Question 2:Discuss the Product Life Cycle Concept and include the relative amounts of sales and profit during each stage.Question 3:In what ways are innovations in interactive television and online services expanding the strategies and tactics marketers employ today?Question 4:What are some of the personal and business-related privacy issues associated with the growth in database marketing and how should they be addressed?Question 5:Define direct marketing and give some real-world examples of how direct marketing is used internationally.