Which of the following statements about internet retailing is true? (2023)

Which of the following is true of the benefits offered by Internet retailing?

Which of the following is true of the benefits offered by Internet shopping? Customers can get information that is useful across channels. Current retailers are using catalog channels for: building a brand image and driving traffic to stores.

Which of the following represents how a retailer would change customers importance weights?

Which of the following represents how a retailer would change customers' importance weights? A retailer would want to increase the importance weight on benefits for which its performance is superior.

What is an advantage of Internet channels over other retail channels?

Retailers have benefited by having Internet channels because it offers a deeper and broader selection, has more information for evaluating merchandise, and has personalization.

Which of the following is the first step in the retail management decision process?

Q. The first step in the retail management decision process is Store Management. The impacts of the microenvironment - including technological, social, and ethical/legal/political factors should be taken into account when making a retail management decision.

Which of the following is true of single store retailers?

Which of the following is true of single-store retailers? They are not bound by the bureaucracies inherent in large retail organizations.

Which of the following is an advantage of using distribution Centres over direct store delivery?

D. It allows more efficient production and distribution scheduling to reduce costs.

What effect has the internet had on traditional retailer channel strategies?

The internet has allowed retailers to connect with potential customers and express their brand in entirely new ways, and physical stores have become a part of their communication and sales strategy instead of being their only or primary way to reach consumers.

How online selling affects our local economy and household income?

Online purchases take money out of the local economy.

Less money comes to local businesses, which means they make fewer hires. Fewer hires means less money flowing into the local economy. Less money flowing into the local economy means fewer jobs, and less money available to residents to spend.

Is the important benefit a marketer could get from a retailer through trade promotion?

Answer: Trade Promotions can offer several benefits to businesses. Retail stores can be an extremely competitive environment; trade promotions can help companies differentiate their products from the competition. Companies can utilize Trade Promotions to increase product visibility and brand awareness with consumers.

What is an advantage to the retailer of selling using the Internet?

Online retailers can increase their sales and profits faster than a brick and mortar establishment because selling online offers the advantage of being open twenty-four hours a day, seven days a week. Selling online also allows retailers to sell their merchandise in any part of the world without additional expense.

What is meant by online retailing?

1. A process that allows the customers to search, select and purchase the products, services and information remotely over the Internet.

What are the benefits of Internet channels?

Using the Internet as your primary sales channel offers multiple advantages. Building a website is cheaper than opening a store, and you can reach customers online anywhere in the world. Shopping is easy and comfortable for customers, and you can customize their experience based on past sales and preferences.

What are the types of decision-making process explain with an example in retail management?

Is a form of Internet retailing?

Electronic retailing is the sale of goods and services through the internet. E-tailing can include business-to-business (B2B) and business-to-consumer (B2C) sales of products and services. Amazon.com (AMZN) is by far the largest online retailer providing consumer products and subscriptions through its website.

Which of the following is not a step in the decision-making process?

Hence, we conclude that changing the desired outcome is NOT one of the steps involved in the decision-making process.

Which of the following is true of chain retailers as compared to single store retailers?

Which of the following is true of corporate chain retailers as compared to single-store retailers? They can effectively negotiate lower prices for merchandise.

Which of the following are the correct examples of different retail formats?

What are the 3 types of retailing?

Off-price retailers are mainly of three types. They are; factory outlets, independents, and warehouse clubs. Factory outlets are owned and operated by manufacturers, which normally carry the manufacturers surplus, discontinued, or irregular goods.

What are the advantages of decentralized warehouse Mcq?

How an efficient supply chain system can increase a retailer's level of product availability and decrease its inventory investment?

An efficient supply chain system achieved with the help of software helps save the retailer from overstocking inventory for a given product. Retailers can forecast the demand in the market, and according to requirements, they can connect to the suppliers.

Which of the following is an inherent limitation associated with asking the customer for identifying information for building a customer database?

Which of the following is an inherent limitation associated with asking the customer for identifying information for building a customer database? Some customers may feel that the sales associate is violating their privacy.

What are the advantages and disadvantages of online retail?

Is online marketing shopping affecting the small time traders and retail markets?

Online sellers remove the middlemen in the supply chain. Hence, they can provide items at a very less price of a few pennies more than the cost of its manufacturing to make their business grow, but this, in turn, hampers local shopkeepers' business.

What effect do you think the growth of e retailing will have on traditional retailing?

The world of e-commerce is growing and has gained wide acceptance. It will not replace every retail sub-industry, but it certainly has changed the landscape of traditional retail forever. And that's good for the consumer in the form of competitive prices, greater selection, timely delivery and convenience.

What is the impact of online selling to the customers?

Although the introduction of the online channel has not lead to lower prices in general, there is a considerable positive effect on total sales because of increased convenience. The online distribution channel swipes away some traditional sales but also activates consumers who find the online channel more appealing.

What are the benefits of online shopping to the economy?

Internet shopping has become an effective way of boosting an economy by increasing demand, expanding consumption and promoting employment. It has improved operations through greater use of electronic book-keeping and records management.

In what ways online shopping has affected the local retailers?

Retailers are able to offer their customers more options in regards to home delivery, pricing and coupons. The online stores expose the brand to more potential customers because of the wider range of products, a privacy when shopping, and more convenient shopping (at the click of a button or even on smart phones).

Which of the following marketing functions is one the retailer could not perform Mcq?

question. The which is not the retailer's function is Option C: Location Analysis. A retailer is a person handling a store to sell commodities and goods directly to customers in the market.

Which of the following is not a contributing factor for rapid growth of sales promotion Mcq?

Answer» d. Huge profits of manufacturers.

What is the term used if management wants to audit the key management functions like Salesforce advertising or pricing?

Which of the following is true of the benefits offered by Internet retailing?

Which of the following is true of the benefits offered by Internet shopping? Customers can get information that is useful across channels. Current retailers are using catalog channels for: building a brand image and driving traffic to stores.

What is the most important use of the Internet for marketers?

It allows you to drive quality traffic

Internet marketing is important because it helps you drive more qualified traffic. You reach more leads that are interested in your business. The ability to target specific leads helps you drive traffic that takes an interest in your company.

Which one of the following is a factor which gives advantage to e business over traditional business?

Lower Costs. One of the most tangible positives of e-commerce is the lowered cost. A part of these lowered costs could be passed on to customers in the form of discounted prices.

What is an online retailer called?

An online store may also be called an e-web-store, e-shop, e-store, Internet shop, web-shop, web-store, online store, online storefront and virtual store. Mobile commerce (or m-commerce) describes purchasing from an online retailer's mobile device-optimized website or software application ("app").

Who is the best online retailer?

What is meant by online retailing?

1. A process that allows the customers to search, select and purchase the products, services and information remotely over the Internet.

What is the use of the Internet in marketing?

Internet marketing involves the use of digital media to inform the market of your business and to entice people to purchase your products and services. The internet (and, by extension, mobile) is merely a vehicle to provide greater reach for your advertising, promotional, and public relations efforts.

Which of the following is the first step in the retail management decision process?

Q. The first step in the retail management decision process is Store Management. The impacts of the microenvironment - including technological, social, and ethical/legal/political factors should be taken into account when making a retail management decision.

Which type of decision making is carried out by lower level management and deals with specific day?

What matters most in internet retailing?

Understand local interaction.

Since Internet retail customers reside in offline locations and interaction among customers can benefit Internet retailers, it's important to understand how potential customers interact in their physical neighborhoods as well as in the virtual world.

Why is online retailing important?

Online retailers can increase their sales and profits faster than a brick and mortar establishment because selling online offers the advantage of being open twenty-four hours a day, seven days a week. Selling online also allows retailers to sell their merchandise in any part of the world without additional expense.

Which of the following is the management function upon which all other functions depend?

In its simplest form, is establishing organizational goals and deciding how to accomplish them. It is often referred to as the "first" management function because all other management functions depend on planning.

Which of the following is not a step in general procedure for making local decision *?

b. Seeking alternative solutions is not a step of decision making.

Which of the following was the original purpose of the Internet?

The Internet was first invented for military purposes, and then expanded to the purpose of communication among scientists. The invention also came about in part by the increasing need for computers in the 1960s.

What can an online retailer site do to increase personalization?

Which type of store is small and offers limited merchandise assortment at very low prices?

Which type of store is small and offers a limited merchandise assortment at very low prices? Extreme value retailers are small, full-line discount stores that offer a limited merchandise assortment at a very low price.

Is a seamless and synchronized customer experience?

Omnichannel retailing is a coordinated multichannel retail offering that provides a seamless and synchronized customer experience, using all of the retailer's shopping channels.

What are the 4 purpose of the Internet?

Introduction. The Pew Internet Project has looked at how people use the internet in four major ways: to communicate, to gather information, to transact personal and professional business, and to entertain themselves.

Which one of the following is not the feature of Internet?

The correct answer is High cost. The high cost is NOT a feature of the internet.

What was the original purpose of the Internet quizlet?

What was the original purpose of the Internet? To connect universities and research labs.

Which of the following are examples of personalization in online retail?

What are the advantages of using e-commerce?

Which is the example of personalized marketing in e-commerce?

Ecommerce Personalization Example #1) Amazon

By showing you products that you've already looked at, Amazon is more likely to increase sales and get you the items you'd been hesitant to buy (or forgotten about).

Which food retailer is a self service retail food store offering groceries meat and produce with limited sales of nonfood items?

Supermarkets : a self service food store offering groceries, meat, and produce with limited sales of nonfood items, such as health and beauty aids and general merchandise.

How does an off-price retailer sell high quality goods at low prices?

The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to other stores which purchased an initial run.

What are the advantages of traditional stores versus Internet only stores?

What are the advantages of traditional stores versus Internet-only stores? The relative advantages of the most traditional retail channels are browsing, touching and feeling products, personal service, cash and credit payments, entertainment and social experience, immediate gratification, and risk reduction.

What best describes using all of the retailers shopping channels to create a seamless?

What best describes a seamless and synchronized customer experience using all of the retailer's shopping channels? Omnichannel Retailing.

What do you understand by experiential marketing How do organizations deliver customer experienced value?

Experiential marketing is marketing strategy that engages the consumer and creates real-life experience that will be remembered. This type of marketing focuses on getting the consumer to experience the brand.