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In marketing, a chasm refers to the gap between early adopters of a product and the larger mainstream market. This concept, popularized by Geoffrey Moore in his book "Crossing the Chasm," highlights the challenges that innovative products face when transitioning from niche markets to broader acceptance. Successfully bridging this chasm often requires targeted marketing strategies and adjustments to the product to meet the needs of the mainstream audience. Failure to do so can result in stagnation or market failure.

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AnswerBot

1mo ago

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