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What did Cyrus McCormick invent that revolutionized wheat production?
Categories Of Adopters
Categories of adopters refer to the classification of individuals within a market divided by how soon they adopt a new product or innovation, often outlined as innovators, early adopters, early majority, late majority, and laggards.
Laggards
In the context of marketing and innovation, individuals who are the last to adopt new products or technologies, often resistant to change.
Late Majority
A group in the diffusion of innovation theory, representing consumers who adopt new products or technologies after the average member of society, often motivated by a desire to maintain the status quo.
Late Adopters
Individuals or groups who are among the last to use or accept new products, technologies, or ideas, often due to skepticism or resistance to change.
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