---
title: "What Is Laggards?"
term: "Laggards"
description: "In innovation adoption theory, laggards are the last customer segment to buy a new product — often skeptical, price-sensitive, and reliant on proven solutions until change becomes unavoidable."
date: 2026-07-25T00:00:00.000Z
updated: 2026-07-25T00:00:00.000Z
topics: ["venture-capital"]
source: https://venturecapitaltracker.com/glossary/laggards
---

# What Is Laggards?

> In innovation adoption theory, laggards are the last customer segment to buy a new product — often skeptical, price-sensitive, and reliant on proven solutions until change becomes unavoidable.

**Laggards** are the last buyers to adopt a new technology — the segment that waits until a product is obvious, cheap, or forced by regulation or obsolescence.

## How it works

Everett Rogers' adoption curve places laggards at the tail. They prefer minimal risk and may only switch when their current vendor sunsets support. Enterprise laggards demand references, long pilots, and heavy customization — often at low margins.

For startups, the practical lesson is sequencing: win innovators and early adopters first; laggards rarely fund product iteration in early years.

## Why it matters

- **Founders:** Sales playbooks tuned to early adopters fail on laggards. Different messaging, pricing, and support costs apply.
- **Investors:** TAM slides that assume uniform adoption speed overstate near-term revenue. Segment the market by adoption cohort.

Marketing to laggards often requires channel partnerships with trusted incumbents, certification programs, and reference customers who look like the laggard segment. Pricing may need to mirror legacy vendors initially with migration subsidies.

Investors modeling TAM should apply an adoption curve haircut rather than assuming uniform penetration across all segments in five years.

## Common mistake

Assuming laggards will convert with the same demo that excites technical early adopters. They often need risk reversal — SLAs, migration services, and incumbent-style contracts.

## Practical takeaway

Size your near-term SAM using early-adopter segments first. Pitch decks that assume laggards convert at the same rate as innovators overstate five-year revenue — segment the curve explicitly for credible planning.

## Related ideas

- Technology adoption lifecycle
- Crossing the chasm
- Ideal customer profile (ICP)

## FAQ

### What is Laggards in simple terms?

Laggards are the final adopters in the diffusion curve — after innovators, early adopters, early majority, and late majority. They resist change until legacy options fail or social pressure forces switching.

### Why does Laggards matter?

Investors evaluate whether a market has enough early adopters to reach scale before laggards matter. Founders chasing laggards too early burn sales cycles on low-yield accounts.


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Source: https://venturecapitaltracker.com/glossary/laggards