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Questions and Answers
Why is it mentioned that setting up an e-commerce storefront is much cheaper than a brick-and-mortar store?
Why is it mentioned that setting up an e-commerce storefront is much cheaper than a brick-and-mortar store?
- E-commerce storefronts require less employee payments
- E-commerce storefronts have lower infrastructure maintenance costs
- E-commerce storefronts do not incur fixed costs like rent and electricity bills (correct)
- E-commerce storefronts have better marketing opportunities
What contributed to the surge in e-commerce sales during the pandemic?
What contributed to the surge in e-commerce sales during the pandemic?
- Government subsidies for e-commerce businesses
- Increased availability of smartphones
- Decrease in brick-and-mortar store sales
- Convenience and safety of buying online (correct)
What is highlighted as a reason for people continuing to buy online even after the pandemic?
What is highlighted as a reason for people continuing to buy online even after the pandemic?
- Convenience and safety of online shopping
- Easy availability of smartphones for online shopping (correct)
- Continued surge in e-commerce sales
- Decrease in brick-and-mortar store availability
What percentage did e-commerce sales surge by in 2020, the first pandemic year?
What percentage did e-commerce sales surge by in 2020, the first pandemic year?
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What is emphasized as a benefit of buying online?
What is emphasized as a benefit of buying online?
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