Rate
According to Everett M. Rogers, the rate of diffusion is influenced by:
- The product's perceived advantage or benefit.
- Riskiness of purchase.
- Ease of product use - complexity of the product.
- Immediacy of benefits.
- Observability.
- Trialability.
- Price.
- Extent of behavioural changes required.
- Return on investment in the case of industrial products.
Read more about this topic: Diffusion (business)
Famous quotes containing the word rate:
“Put God in your debt. Every stroke shall be repaid. The longer the payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.”
—Ralph Waldo Emerson (18031882)
“Strange that the vanity which accompanies beautyexcusable, perhaps, when there is such great beauty, or at any rate understandableshould persist after the beauty was gone.”
—Mary A. [Elizabeth, Countess Von] Arnim (18661941)
“If I die prematurely at any rate I shall be saved from being bored to death at my own success.”
—Samuel Butler (18351902)