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What is the main difference between informal retail in developing countries and formal retail structures in the US?
What is the main difference between informal retail in developing countries and formal retail structures in the US?
- Formal retail structures are more prominent in the US
- Informal retail plays a more significant role in supplying goods in developing countries (correct)
- The use of SMS-based ordering is more prevalent in the US
- The logistical challenges in urban areas are similar in both developing countries and the US
How does Wasoko address the logistical challenges in urban areas of developing countries?
How does Wasoko address the logistical challenges in urban areas of developing countries?
- By leveraging SMS-based ordering
- By using online ordering systems
- By addressing unique logistical challenges such as traffic congestion and informal market dynamics (correct)
- By partnering with the government of Zanzibar
How does Wasoko generate revenue?
How does Wasoko generate revenue?
- Through subscription fees from sellers
- Through advertising revenue
- Through commission from companies on their platform (correct)
- Through delivery fees from customers
What problem does Wasoko aim to address for small retailers?
What problem does Wasoko aim to address for small retailers?
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What is the main objective of the platform created by Wasoko?
What is the main objective of the platform created by Wasoko?
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