SEC classification of goods and services

Economists and marketers use the Search, Experience, Credence (SEC) classification of goods and services, which is based on the ease or difficulty with which consumers can evaluate or obtain information. These days most economics and marketers treat the three classes of goods as a continuum.

Source: Wikipedia — SEC classification of goods and services (CC BY-SA 4.0)

SEC classification of goods and services

Economists and marketers use the Search, Experience, Credence (SEC) classification of goods and services, which is based on the ease or difficulty with which consumers can evaluate or obtain information. These days most economics and marketers treat the three classes of goods as a continuum.

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Source: Wikipedia "SEC classification of goods and services" · CC BY-SA 4.0

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