KUMASI TECHNICAL UNIVERSITY. MID SEMESTER EXAMS: DIGITAL MARKETING

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Questions and Answers

What is the primary purpose of conducting a situation analysis in an online marketplace?

  • To increase social media followers
  • To reduce marketing costs
  • To refine the organization's strategy by reviewing external and internal factors (correct)
  • To eliminate competitors

Which of the following is an example of a micro-environmental factor affecting online marketplaces in Ghana?

  • Customer behavior (correct)
  • Government policies
  • Climate change
  • Global economic trends

How does Jumia Ghana tailor its offerings to customers?

  • By reducing product variety
  • By eliminating competitors
  • By studying customer searches and purchases to offer personalized discounts (correct)
  • By increasing delivery times

What is the main way Tonaton differentiates itself from Jumia?

<p>By focusing on classified listings rather than a marketplace model (B)</p> Signup and view all the answers

Why is supplier and logistics utilization important for online businesses?

<p>To satisfy customers through reliable suppliers and efficient delivery networks (D)</p> Signup and view all the answers

What is an example of adapting to market trends in Ghana?

<p>Shifting to mobile commerce (m-commerce) due to increased smartphone penetration (D)</p> Signup and view all the answers

Which of the following is a key component of the online marketplace?

<p>Competitors (A)</p> Signup and view all the answers

What is an example of a competitor to Jumia in Ghana?

<p>Kikuu (B)</p> Signup and view all the answers

Why are suppliers important for online marketplaces?

<p>They provide goods or services, and their efficiency affects inventory management and customer satisfaction (C)</p> Signup and view all the answers

Which of the following is an example of an intermediary in Ghana's online marketplace?

<p>DHL (B)</p> Signup and view all the answers

What internal factor determines the success of an online marketplace?

<p>Brand reputation and operational efficiency (C)</p> Signup and view all the answers

What is an example of multi-screening in Ghana?

<p>Consumers browsing e-commerce sites on smartphones while watching TV (B)</p> Signup and view all the answers

What does e-WOM stand for?

<p>Electronic Word of Mouth (B)</p> Signup and view all the answers

How do Ghanaian consumers often rely on e-WOM?

<p>By relying on Facebook groups and WhatsApp recommendations (C)</p> Signup and view all the answers

Which of the following is an economic factor that impacts online consumer behavior?

<p>Inflation and consumer spending (B)</p> Signup and view all the answers

What is an example of a political factor affecting online businesses?

<p>Government policies and regulations (B)</p> Signup and view all the answers

Which socio-cultural factor influences online marketing strategies?

<p>Changing lifestyles and cultural values (B)</p> Signup and view all the answers

What technological factor shapes the online landscape?

<p>Rapid advancements in AI and mobile technologies (B)</p> Signup and view all the answers

Which legal factor impacts online business operations?

<p>Data privacy laws and regulations (C)</p> Signup and view all the answers

How can environmental factors influence online retail?

<p>By affecting consumer behavior and business decisions due to sustainability concerns (A)</p> Signup and view all the answers

Flashcards

Situation Analysis Purpose

Reviewing external and internal factors to refine the organization's strategy.

Micro-environmental Factor

Factors such as customer preferences and purchasing habits that affect online businesses.

Jumia Ghana's Customization

Tailoring offerings to customers by studying their searches and purchases to offer personalized discounts.

Tonaton's Differentiation

Tonaton focuses on classified listings rather than a marketplace model.

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Supplier & Logistics Importance

Satisfying customers through reliable suppliers and efficient delivery networks.

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Adapting to Market Trends

Shifting to mobile commerce (m-commerce) due to increased smartphone penetration.

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Competitors

Companies of any size that compete against your company.

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Supplier Importance

Providing goods or services, and their efficiency affects inventory management and customer satisfaction.

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Multi-screening Example

Browsing e-commerce sites on smartphones while watching TV.

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e-WOM

Electronic Word of Mouth

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Study Notes

  • A situation analysis in an online marketplace is primarily conducted to refine the organization's strategy by reviewing external and internal factors.
  • Customer behavior is a micro-environmental factor affecting online marketplaces in Ghana.
  • Jumia Ghana tailors its offerings to customers by studying customer searches and purchases to offer personalized discounts.
  • Tonaton differentiates itself from Jumia by focusing on classified listings rather than a marketplace model.
  • Supplier and logistics utilization is important for online businesses to satisfy customers through reliable suppliers and efficient delivery networks.
  • Shifting to mobile commerce (m-commerce) due to increased smartphone penetration exemplifies adapting to market trends in Ghana.
  • Competitors are a key component of the online marketplace.
  • Kikuu is an example of a competitor to Jumia in Ghana.
  • Suppliers are important for online marketplaces because they provide goods or services, and their efficiency affects inventory management and customer satisfaction.
  • DHL is an example of an intermediary in Ghana's online marketplace.
  • Brand reputation and operational efficiency determine the success of an online marketplace as an internal factor.
  • Browsing e-commerce sites on smartphones while watching TV exemplifies multi-screening in Ghana.
  • e-WOM stands for Electronic Word of Mouth.
  • Ghanaian consumers often rely on e-WOM by relying on Facebook groups and WhatsApp recommendations.
  • Inflation and consumer spending is an economic factor that impacts online consumer behavior.
  • Government policies and regulations are a political factor affecting online businesses.
  • Changing lifestyles and cultural values are a socio-cultural factor that influences online marketing strategies.
  • Rapid advancements in AI and mobile technologies shape the online landscape as a technological factor.
  • Data privacy laws and regulations are a legal factor that impacts online business operations.
  • Environmental factors influence online retail by affecting consumer behavior and business decisions due to sustainability concerns.

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