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:
“You are more than entitled not to know what the word performative means. It is a new word and an ugly word, and perhaps it does not mean anything very much. But at any rate there is one thing in its favor, it is not a profound word.”
—J.L. (John Langshaw)
“We honor motherhood with glowing sentimentality, but we dont rate it high on the scale of creative occupations.”
—Leontine Young (20th century)
“Whoever thinks his friend more important than his country, I rate him nowhere.”
—Sophocles (497406/5 B.C.)