Asked by Joshua Murray on May 26, 2024
Verified
Why are most consumers characterized as early or late majority adopters?
Early Majority
A group in the technology adoption lifecycle that represents consumers who adopt new technology or products after a new concept has been proven by the innovators and early adopters.
Late Majority
A classification in the technology adoption lifecycle representing consumers who adopt new technology or innovations after the average member of the population.
Adopters
Individuals or entities that begin using a new product or technology, often categorized by their willingness to embrace new innovations.
- Recognize the different categories of adopters in the process of product adoption, outlining their traits and incentives.
Verified Answer
Learning Objectives
- Recognize the different categories of adopters in the process of product adoption, outlining their traits and incentives.
Related questions
Consumers That Purchase and Use a Product Soon After It ...
During the Introduction Stage of a Product's Life Cycle, Typical ...
The Late Majority Tends to Adopt Products During the _______ ...
Inkjet Printers Were a Big Improvement Over the Dot-Matrix Printers ...
Warby Parker, an Online Retailer for Prescription Eyewear, Offers a ...