Advances in Consumer Research
Issue 4 : 367-374
Original Article
System Dynamics Modelling of Consumer Adoption Process in Fashion Industry: A Comprehensive Analysis of Word-of-Mouth Impact and Market Diffusion
1
Lecturer, Farmingdale State College
Abstract

This study examines the dynamics of consumer adoption in the contemporary fashion industry, highlighting the crucial role of word-of-mouth communication and system dynamics modelling. As fashion businesses face challenges from economic uncertainty and rapidly shifting consumer behaviours, understanding how innovations diffuse through social networks becomes essential for strategic decision-making. The research reviews Rogers’ Innovation Diffusion Theory, categorizes consumer types, and examines the impact of digital and traditional word-of-mouth on adoption rates. System dynamics and agent-based models are highlighted as practical tools for capturing the non-linear, feedback-driven nature of fashion adoption. The findings provide actionable insights for fashion retailers and marketers aiming to optimize product launches and inventory management in a volatile marketplace.

Keywords
Recommended Articles
Original Article
Blockchain Technology in Banking: An Empirical Study on Challenges and Opportunities Perceived by Bank Managers in Gujarat
Original Article
AI in mutual fund investment decision by retail investor
Original Article
Impact of AI on Customer Trust in Indian Banking Sector
Original Article
Perceptual Mapping Approach to Understanding Online Ratings and Reviews in the Indian Consumer Durable Market
...
Loading Image...
Volume 3, Issue 4
Citations
334 Views
390 Downloads
Share this article
© Copyright Advances in Consumer Research