Crowdfunding Can Help You Save Money on Marketing Because It

question 13

Multiple Choice

Crowdfunding can help you save money on marketing because it provides ______.

• A)customer service automation
• B)your customers with a free sample of your product
• C)you with an idea of the level of interest in your product
• D)free access to mailing lists

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Definitions:

Innovators

Individuals or organizations that introduce new ideas, products, or methods into the market.

Early Majority

A group of consumers who adopt new products or innovations shortly after the early adopters have done so, contributing to wider acceptance and popularity.

Laggards

A term used in diffusion of innovation theory to describe individuals or groups that are last to adopt new technologies, products, or innovations, often due to skepticism or traditional values.

Continuous Innovation

The ongoing process of making regular, incremental improvements or updates to products, services, or processes.