Podcast
Questions and Answers
What is the definition of perception?
What is the definition of perception?
What is selective attention?
What is selective attention?
What are the five stages in the process of adopting a new product?
What are the five stages in the process of adopting a new product?
What are the five characteristics that influence the rate of adoption?
What are the five characteristics that influence the rate of adoption?
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What are some other factors that influence the rate of adoption?
What are some other factors that influence the rate of adoption?
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What is an example of a product with high compatibility and a superior relative advantage?
What is an example of a product with high compatibility and a superior relative advantage?
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How does the degree to which an innovation is divisible affect its rate of adoption?
How does the degree to which an innovation is divisible affect its rate of adoption?
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Study Notes
- Perception is the process of selecting, organizing, and interpreting information to form a meaningful picture of the world.
- Selective attention is the tendency for people to screen out most of the information to which they are exposed.
- Consumers go through five stages in the process of adopting a new product: awareness, interest, evaluation, trial, and adoption.
- The characteristics of a new product affect its rate of adoption.
- Five characteristics that influence the rate of adoption are relative advantage, compatibility, complexity, divisibility, and communicability.
- Other factors that influence the rate of adoption include initial and ongoing costs, risk and uncertainty, and social approval.
- Marketers must work hard to attract consumers' attention due to selective attention.
- HDTV is an example of a product with high compatibility and a superior relative advantage, which sped up its rate of adoption.
- The degree to which an innovation is divisible affects its rate of adoption.
- The new-product marketer must research all factors when developing the new product and its marketing program.
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Description
Test your knowledge on consumer behavior and product adoption with this informative quiz. Discover the five stages of product adoption and the characteristics that influence its rate. Learn about the factors that impact consumer perception and attention, and how marketers can effectively attract attention to their products. Put your skills to the test and become an expert in new product development and marketing strategies.