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:
“Writing a book I have found to be like building a house. A man forms a plan, and collects materials. He thinks he has enough to raise a large and stately edifice; but after he has arranged, compacted and polished, his work turns out to be a very small performance. The authour however like the builder, knows how much labour his work has cost him; and therefore estimates it at a higher rate than other people think it deserves,”
—James Boswell (17401795)
“We honor motherhood with glowing sentimentality, but we dont rate it high on the scale of creative occupations.”
—Leontine Young (20th century)
“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)