The topic of my next post would the product life-cycle and market adoption curve. I also want to detail total addressable market and served available market. These marketing concepts would be unique and very important for a start-up. The product life-cycle are stages of business growth. Each stage would detail the structure for a company, with specific features of business growth. Introduction, growth, maturity, and decline stage. The market adoption curve is depicted as a diagram with a set of users that would be considered early adopters within a company’s sales channel. Each year at what rate would a customer be converted to which degree of market adoption. Early adopters, visionaries, and technology enthusiasts. Also, the market adoption curve would detail the rate of adoption, crossing the chasm gap into a mainstream market. Early adopters would be considered a pivotal group of consumers that can lead startups into a mainstream market. Another topic I would like to cover would be total addressable market and served available market. The customer development team would have to research and produce quantifiable figures to determine the company’s customer reach. A customer development team would determine the market value within the sales channel.
Here are a couple of web links that provide information of the lean startup creators:
The product life-cycle and market adoption curve
Early adopters would be a pivotal group of consumers that can lead a company into a mainstream market.

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