If our product is launched at a time when it is too

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If our product is launched at a time when it is too late, it is likely that we will lose out on achieving maximum profit. Additionally, our competitors will take advantage of our delay and conquer the market. By the time our competitors will be launching a similar clothing product, they will have received a massive endorsement by the customers. As such, our company will risk trailing behind as far as technology is concerned. We will equally lose an image as the leader in innovative technologies in the field of clothing industries. It is also reasonable to have a technology adoption model that will be used in adopting the new technology in the clothing store. The kind of timeline model that can be adopted to ensure that the products are launched at reasonable intervals. The model should employ a timeline that is neither slow nor too quick. I.e, the model should release the products in reasonable bits that fits well with the existing strategies (Schilling, 2010). This approach is useful in ensuring that the employees and the customers are not interrupted by the adoption of the product. In adopting a new clothing store, a proper timeline strategy should be able to combine both backward compatibility and continuous innovations. This timeline model is an appropriate way of ensuring that the product is launched in a way that does not necessarily inconvenience the existing customers. Additionally, the model gathers for all the new customers who will be
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ADOPTION AND IMPLEMENTATION OF NEW TECHNOLOGY 5 interested in purchasing our new products. According to Genius et al., (2013), continuous innovation is specifically meant to create innovative ideas in a way that obstructs the competitors from creating a technological gap. This strategy will be achieved by continuously reviewing the existing product to assess if there are any necessary modifications that need to be added. This technique is applied after the product has been launched as soon as one month after it has been launched. On the other hand, the backward compatibility is specifically done by ensuring that our clothing products are compatible with the already existing products (Genius et al., 203). This model is applied immediately after the product has been launched to ensure that it all the previous arrangments are not interfered with. This strategy is essential to protect the consumers and to enable the new generation of goods to get new platforms.
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  • Fall '16
  • Clothing Store

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