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Sydney Lakey
on Dec 15, 2024

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The consumers represented by Segment B in Figure 11-5 above are called

A) early adopters.
B) late majority.
C) laggards.
D) early majority.
E) innovators.

Diffusion of Innovation

A theory that describes how, why, and at what rate new ideas and technology spread through cultures and societies, from early adopters to more widespread acceptance.

  • Present the key characteristics and the proportional percentages of innovators, early adopters, early majority, late majority, and laggards within the diffusion framework.
  • Acquire knowledge on the impact of segmentation in the context of diffusion of innovation on the development of marketing strategies.
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KP
Kajal PatelDec 16, 2024
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