Technology Adoption Phases

A modern reframing of the technology adoption lifecycle, describing how new products and services spread through different consumer segments.

The Adoption Categories (In Order)

  • Freaks & Geeks (Innovators)

    • First to try new things
    • Often viewed as "quacks" or "weirdos"
    • Willing to experiment with unproven products
  • Early Adopters ("Wannabes")

    • Watch what the Freaks & Geeks are doing
    • Half-heartedly copy the innovators
    • More cautious but still ahead of mainstream
  • Early Majority

    • "Smart reasonable person" category
    • Wait for some proof before adopting
    • Need more validation than early adopters
  • Late Majority

    • Follow once something is well established
    • More conservative in adoption
  • Laggards

    • Last to adopt new technologies
    • Example: "Your mom who still has newspaper subscription and AOL email"
    • Highly resistant to change

Early Adopter Behavior Patterns

  • Often try products once but don't become repeat customers
  • Excited by "latest and greatest" offerings
  • Will test multiple competing products in same category
  • Sometimes convert to loyal customers for standout products
    • Example: One Medical retention for 5+ years

Current Market Shift

  • Health tech moving beyond early adopter phase
  • Easier to build initial waitlists
  • Main challenge: Converting one-time users to recurring customers
  • Health becoming "cool" and mainstream
    • Evidenced by popularity of Huberman, Peter Attia, Brian Johnson
    • Larger segment of population now interested in health tech
17:40 - 18:24
Full video: 32:36
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Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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