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The Consumer Adoption Process The consumer adoption process involves five key stages: Awareness, Interest, Evaluation, Trial, and Adoption. 1. Awareness: Consumers first learn about the product. Example: Tesla created awareness for its EVs through buzzworthy launches and highlighting features like autopilot. 2. Interest: Consumers explore product details and benefits. Example: Tesla buyers research features, watch videos, and read reviews. 3. Evaluation: Consumers compare the product with alternatives. Example: Buyers assess Tesla’s range, price, and features against competitors. 4. Trial: Consumers test the product to reduce risks. Example: Tesla offers test drives, letting buyers experience its performance. 5. Adoption: Consumers purchase and integrate the product. Example: After a test drive, a buyer purchases a Tesla and benefits from its long-term support. From Only buziness Follow for more
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Delhi HC Seeks Dealer, Product Details From Tesla Power India In Trademark Case With Musk’s Tesla Inc - Court's Inquiry: Delhi High Court asks Tesla Power India for details on electric scooter sales amid a trademark dispute initiated by Tesla Inc.
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5 Mistakes Tech Products Must Avoid to Boost Retention 🚀 Case Study: Lessons from 5 Failed Products 1. Mistake: Overcomplicating Onboarding Example: App “TaskFlow” bombarded users with tutorials, causing drop-offs. Fix: Simplify onboarding—focus o
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Did you know 70% of startups fail because they don’t understand their Target market size or adoption rate? To set yourself apart, you need to define what problem your product or service is solving and understand the size of your target market. Kno
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