Question

Her father belleves that the role of being early adopters of new
technology should be left to the market leadors. Dovanshi bolioves
that to be a market leader, one should be an early adopter of
technology
Who is right? devanshi or her father ?
What method can you suggost that would be acceptable to
both?
If you represent an RFID tag and equipment vendor, how would
you convince devanshi's father?
What are the potential problems of being an early adopter of
technology?
At what point in the future would RFID technology be seen as
yielding dividends for the ghanshanis?​

Answer 1

Answer:

Plz mark me as BRAINIALIST.

Explanation:

G. Industries has just invented the Anti-Gravity Belt. When you put this amazing new product around your waist and turn it on, you will be lifted off the ground as high as three feet! How will consumers react to this innovative product? Different classes of consumers will adopt this product at different times throughout the lifecycle of the new product. This adoption process follows a recognizable pattern and is known as the product adoption lifecycle.

The product adoption lifecycle describes the way a new product progresses through its lifespan, from the time it is first introduced to the marketplace until it is no longer available. New products are initially adopted by 'innovators' who represent 2.5% of the market. The next class of consumers who will adopt the product are the 'early adopters' who make up 13.5% of the market. They are followed first by the 'early majority,' and then by the 'late majority,' who each represent 34% of the market. As the product enters its final stage of the product adoption lifecycle, it is adopted by 'laggards,' who make up the final 16% of the market. Now that you know about the five different classes of adopters, let's talk a little more about each of these five groups of consumers.