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Consumers go through five stages in the process of adopting new product.
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Shah Alam Kabir Pramanik:
Consumers go through five stages in the process of adopting new product.
1. Awareness: The consumer becomes aware of the new product, but lacks information about it.
2. Interest: The consumer seeks information about the new product.
3. Evaluation: The consumer considers whether trying the new product makes sense.
4. Trial: the consumer tries the new product on a small scale to improve his or her estimate of its value.
5. Adoption: The consumer decides to make full and regular use of the new product.
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