If you are a first mover in the market of a new technology,you may find that your product offerings will have to be modified as consumers let their preferences be known.

Question

Quizplus · Accepted Answer

As the first mover, you do not have any prior data or feedback from consumers to base your product offerings on. Therefore, as consumers start adopting the technology and providing feedback, you may need to modify your product offerings to meet their preferences and needs.

If You Are a First Mover in the Market of a New