Those who are slower to adopt new products or services tend to be more loyal to their choices, reports The Wall Street Journal.
Typically, a late adopter is “a person who buys a product or service after half of a population has done so. Late adopters tend to share certain characteristics: They are skeptical of marketing and tend to point out differences between advertised claims and the actual product. They often value a product’s core attributes, ignoring the bells and whistles intended to upsell the latest model. They may not try something new until weeks, months or even years after the crowd has moved on.”
“It takes a long time to change late adopters, but once they’ve done all that research, and once they are convinced about a product, they are going to stay for a long time,” says Sara Jahanmir of the Nova School of Business and Economics in Lisbon.
Late adopters are also believed to have “important things to tell companies about the role new products should play. Because they tend to be highly critical, late adopters can be useful to companies perfecting their wares … By listening to late adopters of the old version of a product, developers can create a new version that is quicker to be adopted.”
In The New York Times, Nick Bilton offers several reasons why so much wearable technology has not worn so well. “First, almost all of them require a smartphone to be fully operational … a wearable becomes yet another gadget that we need to lug around. There’s also the fact that most of these devices are quite ugly … Then there’s the unpleasant fact that the technology just doesn’t seem ready … But the biggest issue may be the price … consumers just can’t justify buying a smartwatch that costs nearly as much as a smartphone.”
Geoffrey A. Fowler, writing in The Wall Street Journal, meanwhile extols the virtues of the Mio, which uses a metric called Personal Activity Intelligence (PAI), which tracks heart patterns rather than foot movement. “Mio’s hardware isn’t as elegant as others on the market, but PAI is the best example yet of how wearables can turn data into tailored, actionable advice, and hopefully longer lives,” Geoffrey writes.
“Unlike step counting, where you start over each morning at zero, PAI runs on a rolling weekly tally … Everyone’s PAI is a little different, by design. The formula takes into account your age, gender, resting heart rate, max heart rate and other unique signals. It’s personal Big Data,” Geoffrey writes.
A board game from the 1960s has been updated with “digital” cards using algorithms and big data, reports The New York Times. In the past, Strat-O-Matic, a “baseball simulation game,” was “played using cards for each player based on statistics from the previous season.” In its latest iteration, called Baseball Daily, the cards are “updated daily,” allowing players “to play games in the present,” says Adam Richman, son of the game’s founder, Hal Richman.
“Every year, we try to push forward digitally,” Adam says. “We need to rethink how we are doing everything.” He adds: “This is a natural evolution that will allow more engagement for our fans and expand our purview.” The hope is that Baseball Daily will “scoop up some daily gamers who have been flocking to the fantasy sports sites FanDuel and DraftKings, although Baseball Daily does not involve cash prizes and is structured differently.”
Strat-O-Matic is also developing apps. Traditionalists will, of course, be able to continue play Strat-O-Matic the old-fashioned way, using last year’s data.
Wired: “Under Armour was founded on a simple idea: Make athletes better. To do that, it’s turning human performance into a big data problem. The company is betting on the notion that the right hardware, the biggest dataset, a lot of machine learning, and powerful motivational tools can make everyone better, faster, and stronger. It’s betting that technology doesn’t exist solely to make us lazy, to bring everything to our door with the push of a button.
The centerpiece of that bet is a $400 kit, announced today, called Healthbox, that provides a scale, an activity tracker wearable, and a chest strap for measuring heart rate. The company also is updating Record, its mobile app, making it a 24/7 real-time barometer of your fitness and health. These tools, combined with three apps Under Armour has purchased in recent years, provide the most comprehensive ecosystem of fitness products yet made.”