Product Diffusion Curve
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Describe what a product diffusion curve is.
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This solution describes a product diffusion curve. Additionally, this solution includes one reference source.
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A product diffusion curve is as follows. This curve is in the shape of a bell and indicates how fast consumers adopt a new product that comes into the market for them to purchase on a regular basis. Some adopt it right away while others do not. Here are five areas that are worth considering when it comes to consumers wanting a specific product within the market.
First, innovators are those who are risk-takers and are well-informed of the product at hand. They are ...
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