what factors affect the rate of diffusion and consumer adoption of newly launched products and...

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Stages in theAdoption process

Consumer adoption process

1. Awareness2. Interest3. Evaluation4. Trial5. Adoption

Factors Influencing

The Adoption Process

• Innovators: Technology enthusiasts

• Early adopters: Opinion leaders

• Early Majority: Deliberate pragmatists

• Late Majority: Skeptical conservatives

• Laggards: Tradition bound

The effect one person has on another’s attitude or purchase probability

License      All rights reserved by Géraldine Hofmaier

Companies often target innovators and early adopters with product rollouts

Relative advantageCompatibilityComplexityDivisibilityCommunicability

Organization’s readiness to adopt innovations

Image Credits :(Flickr users)

tyler.elizabethRebecca TifftWesley FryerGéraldine Hofmaier