E-Commerce Market Transparency in Pricing and Costs

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17 Questions

What is the meaning of CPM in the context of online advertising?

Cost Per Thousand

Which model relies on advertising to make money through banner ads and skyscrapers?

CPM display advertising on site

What does DRM stand for in the context of protecting digital services or content?

Digital Rights Management

In CPC advertising, what do advertisers pay for?

Number of clicks on their ads

Which revenue model involves payment for single access to a document that may be protected with a password or Digital Rights Management?

Pay Per View access to a document

What technology is used to protect the distribution of digital services or content like software, music, and movies?

Digital Rights Management

What does price transparency in E-Commerce refer to?

Ease of consumers to discover a variety of prices in a market

How do online merchants benefit from being able to segment the market into groups?

By engaging in price discrimination

What advantage does personalization offer in E-Commerce marketing?

Customizing marketing messages based on individual characteristics

In E-Commerce, what is the primary benefit of customization of products or services?

Adapting products based on user preferences

How does technology help gather consumer information in E-Commerce?

By interacting with consumers at the moment of purchase

What is the significance of cost transparency for consumers in E-Commerce markets?

Discovering actual costs that merchants pay for products

What is one of the advantages of B2B e-markets highlighted in the text?

Transparency in pricing

How does B2B help in reducing processing costs according to the text?

By automating transaction processes

In what way does B2B e-markets eliminate intermediaries and distributors?

By enabling direct interaction between suppliers and buyers

What advantage does B2B provide in terms of supply chain management and procurement processes?

Efficient maintenance of the supply chain

What does the gathering of buyers and sellers in a B2B e-market enhance?

Price transparency

Explore the concepts of price transparency and cost transparency in E-Commerce markets, focusing on how consumers can easily compare prices and discover actual costs. Learn about the advantages for both consumers and online merchants.

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