The Anatomy of Diffusion

  • Reference: MN-349-E

  • Number of pages: 12

  • Publication Date: Feb 16, 2005

  • Source: IESE (España)

  • Type of Document: Technical Note

Grouped product items
Format Language Reference Use Qty Price Preview
pdf English MN-349-E
As low as €6.75
Preview

Description

This note introduces the theory of innovation diffusion, using the a range of diffusion curves to illustrate the dynamics. The case explains how these forms (and consequently the speed of diffusion) depend on factors related to the products (relative advantage, compatibility, complexity, ease of trying out the product, observability and risk) and on word of mouth from innovators to imitators. By explaining how these factors affect the speed of diffusion, and using examples of how other companies have managed this situation, our aim is to establish a predisposition to diffusion management in managers' minds, particularly in the early phases of a product's life cycle.

Keywords

Advertising Demand Analysis Forecasting and Simulation Marketing Product Life Cycle R&D Sales Estimation