Peak Period

Posted in Marketing and Strategy Terms, Total Reads: 497
Advertisements

Definition: Peak Period

Peak period, as the name suggests, is the time span for which the demand of a good is highest. Peak period can mean highest demand period in a day or in a season, depending on the type of goods (daily necessity or indulgence) and the product life cycle. Peak period naturally occurs once in a business cycle. It may occur multiple times if the goods sold cannot be predicted.


For example, the peak of a business period is show below. The peak period has the most GDP growth rate, if a business cycle is concerned. But in case of a product, peak period means the time which has the highest amount sales in terms of volume.

 


Browse the definition and meaning of more terms similar to Peak Period. The Management Dictionary covers over 7000 business concepts from 6 categories.

Search & Explore : Management Dictionary



Share this Page on: