Week 12 E Commerce and Networking

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What is the main characteristic of e-commerce?

Shopping online (correct)

Physical presence is required

Limited product selection

In-store purchases only

How has e-commerce transformed retail?

Enhanced personalized shopping experience (correct)

Ignored global audience

Reduced access to products

Limited shopping hours

One benefit of e-commerce for consumers is:

Access to global markets (correct)

Long queues and traffic

Inconvenience in shopping

Limited product availability

How does e-commerce utilize customer data?

For personalized marketing Signup and view all the answers

What type of delivery benefit does e-commerce offer?

Same-day delivery Signup and view all the answers

In what way has e-commerce expanded businesses' reach?

Reached global audience beyond physical location Signup and view all the answers

Which feature of e-commerce allows customers to shop from anywhere?

$8 trillion sales target Signup and view all the answers

What are the main security measures that e-commerce businesses should invest in to protect their customers' data?

Secure payment gateways, SSL certificates, and other security measures Signup and view all the answers

Which type of e-commerce involves individuals selling goods and services to other consumers online?

Consumer-to-Consumer (C2C) Signup and view all the answers

In Consumer-to-Business (C2B) e-commerce, what do consumers offer to businesses?

Their services to businesses Signup and view all the answers

What is the main challenge related to shipping and logistics in e-commerce?

Reliable shipping and delivery Signup and view all the answers

Which online platform is an example of a Consumer-to-Consumer (C2C) e-commerce model?

Etsy Signup and view all the answers

What does the acronym B2A stand for in the context of e-commerce?

Business-to-Administration Signup and view all the answers

Which type of e-commerce involves businesses selling products or services directly to individual customers?

Business-to-Consumer (B2C) Signup and view all the answers

What type of ecommerce transaction involves purchasing products in bulk from distributors at discounted prices?

Wholesale Transactions Signup and view all the answers

Which trend focuses on using social media platforms as a means of product discovery, aside from traditional search engines?

Social platforms are the new search engines Signup and view all the answers

In ecommerce, what is the term for selling products without keeping any inventory, and only purchasing items after a customer places an order?

Dropshipping Signup and view all the answers

What are businesses encouraged to focus on in order to optimize user experience for mobile commerce?

Optimizing mobile commerce UI Signup and view all the answers

Which form of ecommerce involves paying a recurring fee to access ongoing services like music streaming or fitness apps?

Subscription Services Signup and view all the answers

What technology helps ecommerce brands personalize customer experiences by providing recommendations and targeted advertising messages?

AI aids in ecommerce personalization Signup and view all the answers

Ecommerce platforms often charge fees for processing online payments. What type of fee is this?

Transaction Fees Signup and view all the answers

Why is networking considered important for finding new job opportunities?

Networking opens doors to new opportunities Signup and view all the answers

What is the primary purpose of attending industry events in the context of networking?

To share ideas and learn from professionals Signup and view all the answers

How can leveraging social media benefit networking efforts?

It provides a platform to interact with professionals and share work Signup and view all the answers

What is the main goal of participating in online communities in the context of networking?

To connect with professionals and share information Signup and view all the answers

How does seeking mentorship or coaching aid in networking?

It helps build relationships and connections with experienced professionals Signup and view all the answers

What is the benefit of networking even if you are shy and don't enjoy it?

It helps overcome shyness and expands professional circles Signup and view all the answers

In what way can building trust and loyalty impact e-commerce success?

It drives repeat purchases and customer retention Signup and view all the answers

What role does online marketing play in reaching new customers for an online clothing store?

Online marketing strategies help reach new customers and create excitement about the brand Signup and view all the answers

What is the significance of leveraging a network for job search?

It helps stand out from other candidates and find opportunities Signup and view all the answers