Product adoption is crucial for businesses to retain customers and improve retention rates. A product adoption strategy involves guiding users through different stages of product usage, from awareness to activation and adoption. To create an effective strategy, companies should evaluate their current product adoption rates, set goals, define tactics, and identify metrics to measure success. Key tactics include creating user personas, mapping out user journeys, personalizing the onboarding experience, setting clear activation milestones, offering in-app messaging for support, iterating on the product to improve UX, and identifying success criteria. By focusing on users' needs and providing a seamless experience, businesses can increase adoption rates, reduce churn, and foster brand loyalty.