Share This Article:

Economic Definition of learning. Defined.

Offline Version: PDF

Term learning Definition: A person's changes in thinking and behavior due to environmental experiences. A consumer learns about products and services based on information input and subsequent adjustments in buying patterns. This is important in the promotion element of the marketing mix. Typically a potential customer requires 6 exposures to a product name in order to develop retention (learning).

 

« leakage line | legal claim »

Permalink: https://glossary.econguru.com/economic-term/learning

Alphabetical Reference to Over 2,000 Economic Terms