The diffusion process describes how innovations spread through a market via communication between members and how they are eventually adopted. An innovation's diffusion depends on factors like its relative advantage, compatibility, complexity, ability to be tested, and observability. The diffusion process involves different categories of adopters from innovators to laggards and is influenced by consumers' awareness, comprehension, attitudes, perceptions of legitimacy, trials, and final adoption of the new product or features. Marketers must understand diffusion to effectively spread innovations.
The diffusion process describes how innovations spread through a market via communication between members and how they are eventually adopted. An innovation's diffusion depends on factors like its relative advantage, compatibility, complexity, ability to be tested, and observability. The diffusion process involves different categories of adopters from innovators to laggards and is influenced by consumers' awareness, comprehension, attitudes, perceptions of legitimacy, trials, and final adoption of the new product or features. Marketers must understand diffusion to effectively spread innovations.
The diffusion process describes how innovations spread through a market via communication between members and how they are eventually adopted. An innovation's diffusion depends on factors like its relative advantage, compatibility, complexity, ability to be tested, and observability. The diffusion process involves different categories of adopters from innovators to laggards and is influenced by consumers' awareness, comprehension, attitudes, perceptions of legitimacy, trials, and final adoption of the new product or features. Marketers must understand diffusion to effectively spread innovations.
Diffusion process is concerned with how innovations spread and
how they are assimilated within a market How the acceptance of an innovation is spread by communication to members Marketer needs to understand the diffusion process so the spread of the new item can be managed to get the optimum benefit Diffusion concept starts with the innovation Consumers perception of the innovation and new features has to be positive
Categories of innovation Continuous innovation Dynamically continuous innovation Discontinuous innovation
Different kind of adopters
Innovators Early adopters Early majority Late majority Laggards
The acceptance and continued use of a product or brand
by an individual is referred to as adoption Rate of diffusion depends on the following characteristics 1. Awareness 2. Comprehension 3. Attitude 4. Legitimisation 5. Trial 6. Adoption