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- What characteristics of a new product affect its rate of adoption? How will each factor influence the rate of adoption of electric automobiles?Discuss how electric car adoption could possibly be influenced in the Singapore market. With Nissan LEAF as an example, use some selected concepts you have learned in class – such as diffusion of innovations, categories of innovations, adoption process, diffusion rate, factors affecting innovation, and adoptions of innovation over time – to illustrate your answer.Are new technological devices or products designed for younger adults or older adults? What features of these items support your point of view? What changes could you make to make this product more suitable for older adults? Please respond to the above questions in more than 5 sentences.
- Acra Software Solutions is planning to launch a new innovative word processing software for home and office use. The software aims to focus on ease of use and affordability for the end consumers. Explain few factors with examples which would influence the rate of adoption/ diffusion of this innovation.Describe how Samsung can use 5 products features that affect adoption in order to speed up the diffusion of its new TV models ?Bicycles: More than Pedal Power Please read the attached case picture and also please answer the CASE QUESTIONS: Do scraper bikes derive their product meaning from the culture or the individual? Explain your answer. What sacred meaning(s) might a bicycle hold for a consumer? What are the implications for marketers?(Thank you in advance for your help!)
- 1.State and explain what is involved in each stage of the adoption process? 2.Explain five (5) differences between goods and services? 3. List five (5) economic factors that can affect the demand for consumer durables2.1 Market Success: Using the Roger’s diffusion of Innovations theory, assess the market success of ANY ONE of the following products: Plant-based meats 3-D printers Fitness trackersThe case study discusses the adoption of electric cars. Discuss how electric car adoption could possibly be influenced in the Singapore market. With Nissan LEAF as an example, use some selected concepts you have learned in class – such as diffusion of innovations, categories of innovations, adoption process, diffusion rate, factors affecting innovation, and adoptions of innovation over time – to illustrate your answer.
- If animals had a “personal brand,” what determines which animal has the highest personal brand value? How has the way society distributes resources to individuals changed between the time of our first ancestors (200,000 years ago) and today (year 2020)? What does this change imply?Cultural, Social, Personal, and psychological characteristics affect consumers' purchase decisions. What factors influenced your decision to buy the specific *smart phone* you have? Expalin those factors.Lego products are designed to last for generations.How might this level of quality affect Lego’s ongoing sales,both positively and negatively?