Question

Product followers are price-sensitive and risk-averse. They purchase older generation or discontinued models with lower prices and fewer features. This group of adopters is called the ________.

Answer 1

Answer: Late Majority

Explanation: Late majority refers to the last large group of people to adopt a new product or technology. late majority are product followers thatvare price-sensitive and risk-averse. They purchase older generation or discontinued models with lower prices and fewer features. Late majority refers to the large group of consumers who buy or use new products only after others have tried them first