e-commerce
the great pnw an internet based lifestyle clothing company based in spokane wa spends $50,000 in one month on advertising and marketing. in the same month, they receive 5,000 orders from new customers. the result of cac of
$10
wyatt owner of the hot sauce company based in st. louis mo spends $50000 in one month on advertising and marketing. in that same month they receive 2000 orders from new customers. the result is a cac of
$25
We Are Social surveyed internet users aged 16-64 around the world, to learn about their e-commerce activities. What did the survey reveal about this demographic? More than one answer may be correct.
-Eighty percent searched online for a product or service to buy online. -Ninety percent visited an online store on the world wide web. -Seventy-four percent reported they had purchased a good or service online.
We Are Social gathers a number of statistics about the proliferation of e-commerce across the globe. They compiled data on the percentage of global Internet users aged 16-64 that participated in e-commerce activities. According to their data, _ of internet user aged 16-64 visited an online retail store on the web
90%
information density is the total amount of information as well as the quality of information available to all individuals in a market including customers and stakeholders. e-commerce technologies help to reduce the costs associated with which of the following
Communication Information collection
the term _ was first used in 1997 by kevin duffy and refers to e-commerce transactions (buying and selling goods and services) that are executed using wireless mobile devices including smartphones and tablet computers
M-commerce
select all of the following characteristics that explain information density
Organizations benefit from information density because it provides them large data sets from e-commerce activities that can be used to create effective target market strategies. Information density in e-commerce also allows for consumers to more easily find prices for goods or services that are available for sale (price transparency) and the actual costs a seller paid to acquire the goods or service (cost transparency). Information density is the total amount of information as well as the quality of information available to all individuals in a market including customers and stakeholders.
a cost benefit analysis is a useful tool used to analyze the costs associated with implementing a project or set of activities and the benefits that can be achieved as a result of the implementation. which of the following would be considered benefits when conducting a cost benefit analysis
Sales increases Productivity gains Market/brand exposure
Select all the true statements about B2C transactions
The Internet serves as a physical location in the e-commerce site, serves as the portal between the consumer in the business where purchases can be made Business to consumer e-commerce is the selling of products and services to individual consumers BTC e-commerce transactions occurred entirely online
e-commerce has created a lot of opportunities for both consumers and organizations. while there are many positive benefits to e-commerce, there are some issues that arise as a result of e-commerce. which of the following are common issues that are experienced by e-commerce businesses
Threats to customer data Customer loyalty
e-commerce has an increasing global reach. which of the following statements about the global reach of e commerce are true
Using e-commerce, organizations can reach the largest number of potential and existing customers thus increasing their global influence. E-commerce allows organizations to reach consumers across the globe. E-commerce technology creates a global marketplace across cultural and national boundaries far more effectively than traditional commerce options.
according to statista, _ has revenue of over revenue of over $280 billion, sells over 120 million different products, and has over one50 million customers access their mobile app every month
amazon
what are among the most popular b2c sites in the united states according to emarketer?
amazon walmart
business-to-consumer (B2C) transactions are a major part of the e-commerce landscape. select all options to describe how they work. more than one answer may be correct
b2c e-commerce is the selling of products and services to individual consumers the internet serves as the "physical location" and the e-commerce site serves as the portal between the consumer and the business where purchases can be made b2c e-commerce transactions occur entirely online
a cost _ analysis is a useful tool used to analyze the costs associated with implementing a project or set of activities and the benefits that can be achieved as a result of the implementation
benefit
The type of e-commerce transactions that involves the selling of goods and services between businesses is _ to business e-commerce
business
which of the following would be classified as a business to business transaction
buying medical equipment for a pediatrician's office purchasing food service items for a restaurant purchasing office supplies for a university
the practice of selling used, old, or obsolete products via the internet in exchange for a new product or a cash payout is called re-
commerce
the type of e-commerce transaction that allows consumers to interact with government or authoritative bodies for activities, such as paying taxes, securing building permits, or paying tuition of university, is referred to as a _ to administration transaction
consumer
the type of e-commerce transaction where consumers are able to provide a service to a business often through a bidding or auction type of system is called _ to business. examples of this type of transaction include fiverr, freelancer, and shutterstock
consumer
what are the names of some forms of e-commerce that involve the consumer providing a product or service? more than one answer may be correct
consumer to consumer consumer to administration consumer to business
Customer Acquisition _ is a metric that is used by e-commerce company is another sales related organizations to excess the cost associated with convincing potential steamer to purchase a service or product
cost
e-commerce has created a lot of opportunities for both consumers and organizations. Well there are many positive benefits to e-commerce. There are some issues that arise as a result of e-commerce, which of the following are common issues that I experience by e-commerce businesses.
customer loyalty threats to customers data
which of the following are common issues experienced by e-commerce businesses
ethical issues data theft competitor analysis
buying and selling of goods and services that are executed through cloud devices (including smartphones and wireless access points) are known as c-commerce transactions
false
Information about geographic locations that is stored in a geographic information. System is referred to as.
geodata
vector and raster files are
geographic data
A cost benefit analysis is useful tool, used to analyze the cost associated with implementing a project or set of activities in the benefits that can be achieved as a result of the implementation. Which of the following would be considered cost when conducting costs benefit analysis
hiring costs capital outlays management costs
select all aspects of today's e-commerce landscape that organizations should consider when conducting business in this environment
internet of things integrated shopping experiences m-commerce
and commerce was first used in 1997 by Kevin Duffy. Since that time, m-commerce has seen, continued growth and interest from a variety of organizations. Which of the following statements about m-commerce are true.
m-commerce activities include mobile banking, mobile application e-commerce sites such as Amazon and ebay refers to e-commerce transactions(buying and selling goods and services) that are executed using wireless mobile devices including smartphones and tablet computers allows users to access online shopping platforms to make purchases without having to use a computer with a desktop operating system such as microsoft windows 10
M-commerce is emerging as one of the most important areas in todays commerce landscape. M-commerce relies heavily on progressive web applications (pwa) and Accelerated _ pages (amp). amps are a creation of google and twitter and are designed using a scaled down version hyper-text markup language (html) to create fast loading web pages
mobile
in an e-commerce presence map, the _ incudes the methods used to reach the stakeholders and customers including desktop and mobile platforms, social media sites such as instagram or facebook, blogs, magazines, radio stations, and tv stations
platform
a cost-benefit analysis is a useful tool used to analyze the costs associated with implementing a project or set of activities and the benefits that can be achieved as a result of the implementation. which of the following would be considered benefits when conducting a cost benefit analysis
potential return on investment potential costs averted brand exposure
Ubiquity is the ability to have a presence in many places simultaneously. E-commerce has the ability to offer products and services in many places at all times. Which of the following statements about e-commerce ubiquity are true?
refers to the degree an organization has gained access to consumers thus increasing the likelihood of product or service adoption it is the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell the products and services they offer gives customers the ability to purchase products and services regardless of time or location
which of the following statements about recommerce are true? more than one answer may be selected
the practice of re-commerce has seen an increase in the marketplace and is offered by companies such as threadup, yerdle re-commerce, and the realreal according to yerdle re-commerce, the segment is expected to grow from $21 billion to over $52 billion over the next five years re-commerce is the practice of selling used, old, or obsolete products via the internet in exchange for a new product or a cash payout
trading used, old, or obsolete products via the internet in exchange for other used or similar products is called re-commerce
true
An e-commerce presence map is an illustration of the various touch points were current customers potential customers and stakeholders can be influenced by e-commerce activities. What are the three areas that are covered on an e-commerce presence map
type of presence the activity the platform
the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell the products and services they offer is called e-commerce
ubiquity
according to emarketer the most popular b2c sites in the united states include
walmart amazon
Today's e-commerce landscape is dynamic and ever-changing. Organizations that have some (or all) of their operations involved in e-commerce need to address certain aspects of e-commerce in order to remain relevant. One key consideration in today's e-commerce landscape is M-commerce. One method businesses accomplish m-commerce is through the use of progressive _____ applications.
web