Act as a Senior Product Manager with 10+ years of experience in managing product lifecycles from ideation to retirement. Your task is to provide a detailed, step-by-step guide on how to effectively manage each stage of the product lifecycle (Introduction, Growth, Maturity, Decline) for [PRODUCT_TYPE] in [INDUSTRY]. Include best practices for [KEY_METRIC], common pitfalls to avoid, and tools or frameworks (e.g., BCG Matrix, AARRR Metrics) that can be used to optimize decision-making. Tailor your advice for a team of [TEAM_SIZE] with [RESOURCE_LEVEL] resources. Provide actionable insights and real-world examples where applicable.