Learning Curve

learning curve
a graphical representation of the way in which average unit cost of production decreases as output rises, also called an experience curve
learning management system ...

Learning Curve: Over time, there is a drop in the average per unit production cost.

Learning Curve: [lea] The learning curve (also known as the experience curve) represents the outcome of a company's experience when developing a product.

More often than not, we did not create the sites we work on so there is always some degree of a learning curve with every site we see.

When I got started in Internet Marketing, I recall there being a definite learning curve of terms and expressions. The aim of this post is to shortcut your learning curve, so I have compiled a definitive list of Internet Marketing terms.

Incorporating your professional experience allows you to capitalize on an existing skill set, and eliminates some, if not all, of the learning curve inherent in changing your professional milieu.

personal contacts or knowledge that larger companies do not own or learning curve effects.
Will competitors retaliate?
Government action e.g. will new laws be introduced that will weaken our competitive position?
How important is differentiation?

The company should understand and be able to communicate with the customers in the segment, otherwise they may face a significant learning curve in understanding how to effectively market to a segment.

See also: Market, Product, Customer, Learning, Marketing