UGC NET Exam > UGC NET Questions > Customers in introduction stage of life cycle...
Start Learning for Free
Customers in introduction stage of life cycle of products are classified as____________.
- a)Early adopters
- b)Laggards
- c)Middle majority customers
- d)Innovators
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Customers in introduction stage of life cycle of products are classifi...
Understanding the Introduction Stage of Product Life Cycle
In the product life cycle, the introduction stage is critical as it marks the launch of a new product into the market. During this phase, customer behavior significantly influences a product's early success.
Classification of Customers
Customers in this stage are typically classified as:
Why Early Adopters?
Early adopters are vital for the following reasons:
In summary, early adopters are classified as customers in the introduction stage because they are crucial to establishing the product's presence in the market. Their willingness to try new products facilitates acceptance and helps pave the way for broader adoption.
In the product life cycle, the introduction stage is critical as it marks the launch of a new product into the market. During this phase, customer behavior significantly influences a product's early success.
Classification of Customers
Customers in this stage are typically classified as:
- Early Adopters: These are the individuals who are quick to embrace new innovations. They play a crucial role in the success of a product during its introduction phase.
- Laggards: This group is more resistant to change and tends to wait until a product is well-established before considering it.
- Middle Majority Customers: These consumers adopt a product after it has gained some market traction, typically after early adopters have validated it.
- Innovators: This category includes those who are the very first to try out new ideas, but they are usually a smaller segment compared to early adopters.
Why Early Adopters?
Early adopters are vital for the following reasons:
- Influence: They often have a significant impact on the perceptions of the product among the broader consumer base.
- Feedback: Early adopters provide valuable feedback that can guide improvements and marketing strategies.
- Market Validation: Their acceptance helps to validate the product, making it more appealing to the middle majority and laggards.
In summary, early adopters are classified as customers in the introduction stage because they are crucial to establishing the product's presence in the market. Their willingness to try new products facilitates acceptance and helps pave the way for broader adoption.
Free Test
FREE
| Start Free Test |
Community Answer
Customers in introduction stage of life cycle of products are classifi...
Early adopters are the first customers to adopt a new product or technology before the majority of the population does. They're often called "lighthouse customers" because they serve as a beacon of light for the rest of the population to follow, which will take the technology or product mainstream.
Attention UGC NET Students!
To make sure you are not studying endlessly, EduRev has designed UGC NET study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UGC NET.
|
Explore Courses for UGC NET exam
|
|
Similar UGC NET Doubts
Top Courses for UGC NETView all
Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer?
Question Description
Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer? for UGC NET 2024 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UGC NET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer?.
Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer? for UGC NET 2024 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for UGC NET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UGC NET.
Download more important topics, notes, lectures and mock test series for UGC NET Exam by signing up for free.
Here you can find the meaning of Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Customers in introduction stage of life cycle of products are classified as____________.a)Early adoptersb)Laggardsc)Middle majority customersd)InnovatorsCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice UGC NET tests.
|
|
Explore Courses for UGC NET exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup