Product Adoption Curve — Minimum Viable Product (MVP)

Nestled within the 'Minimum Viable Product (MVP)' presentation, the 'Product Adoption Curve' slide garners a deserving attention. This pertains to understanding the product lifecycle and discerning the momentous journey of a product from being an innovation to getting mainstream acceptance. Highlighting diverse sets of consumers marking the journey, the innovators, early adopters, early majority, and finally the late majority. Additionally, focus is given to the laggards, often the latecomers in using a product. This resourceful slide serves as a guide to aspiring entrepreneurs on how vital it is to be aware of the product adoption curve to achieve the product's much sought love and broad acceptance.