Which of the following is not one of the central challenges facing the online retail industry

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Question 29 of 40Which of the following is NOT one of the central challenges facing the online retail industry?A. Lack of physical store presenceB. Consumer concerns about the privacy of personal information

5.0/ 5.0 Points0.0/ 5.0 Points5.0/ 5.0 Points5.0/ 5.0 PointsC. Inconvenience in returning goodsD. Delivery delays

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The fact that online retailers must compete with each other to grow.

The real challenge is that online retailers are not only hard-wired to use the same technology to sell products, but they’re also very well known for being extremely knowledgeable about the business of their online store.

It’s a big challenge for retailers, and it’s a big challenge for online retailers. You know, you want your customers to come to your store and see the products you sell to, but they don’t have the space to make a purchase themselves. I could talk a lot about how you want your customers to be able to see the products and interact with them, but I think online retailers are still the most likely to find that point of interest in their store.

I would say the biggest challenge online retailers have is customers who have the space to make a purchase, but are not able to do so. If you have a physical store, you have to build a whole new shopping experience for your customers.

That’s the same thing that you have to do if you’re in a brick and mortar store. Every time you open your store, you have to create a shopping experience for your customers. To quote the great Tim Ferriss “The customer is your friend” and it’s true, and the internet is the best place to do this in one fell swoop.

Not all of the online retail industry is so tough. The two biggest issues are content management and product design. Content management is the most important part of any online retail industry, and it really sucks when you’re using the word “product”, because it’s so simple. On the other hand, product design is a bit of a challenge when you’re using it in the form of a product, and the most difficult part is the design of the product.

So if youre like most of us, you probably have been designing products for years. Well, in the online retail industry, you probably have to design the entire product from the ground up, from the concept to the concept to the concept to the design to the design to the design to the design. Not exactly an easy task.

I found that when I went to a store to buy clothes, the first thing I did was to bring the clothes home. I brought them back, and I made sure I didn’t make the mistake of bringing them home. It wasn’t a big deal, but it was pretty easy. A quick look around the store gave me some idea of what I was supposed to be doing for the clothes. You could put clothes in the bathroom, or on the shelf.

If you are doing this, you are doing a job that is not a job at all. When it comes to purchasing things online, you are basically making decisions about what to buy based on the fact that you have no idea what you are going to get. You have no idea what you are going to get in the store. This is not an easy skill to develop.

Which of the following is not one of the central challenges facing the online retail industry

Which of the following is not a major trend in online retail for 2016-2017

The number of online buyers begins to plateau

The MOTO sector of the retail industry is most like the ____ sector

Which of the following is nkt one of the seven major segments of the retail industry

Electronics and computing

All of the following statements about the MOTO sector are true except:

The MOTO sector is also referred to as the specialty store sector

All of the following factors that precipitated the growth of MOTO expect

The growth of the cellular phone industry

All the following were parts of the vision during the early days of ecommerce except the belief that

New "first mover" middlemen, with expertise in ecommerce would force traditional intermidataries out of business

All of the following have launched trails of buy buttons except

In 2016 approximately what percentage of internet users over the age of 14 made a purchase at an online retail store

Which of the following categories generates the highest % of online retail revenue

All of the following are adv. of online

Retail expect

Which of the following is not one of the central challenges facing the online retail industry

Lack of pyshical store presence

Which of the following is not one of the methods used by traditional retailers to develop Omni channel integrarion

Which of the following statements is not true about the automobile and automobile parts and accessories online retail category

Most of the revenue in this category is generated from the sales of automobile

Approx _____ retailers generate the 90% of all retail ecommerce sales

Which of the following had the highest online sales revenue in 2015

Which of the following is not a key industry strategic factor

All of the following are strategic factors that pertain specifically to a firm and its related business expect

The lower the _____ compared to revenue, the higher the gross profit

Gross margin is defined as gross profit

Divided by net sales revenue

Which of the following is not catorgirzed as an operating expense

The cost of products being sold

Operating margin is defined as

Operating income or loss divided by net sales revenues

What is anthor name for pro forms earnings

Earnings before income taxes,depreciation, and amortization

Which of the following would not be considered a current asset

Current liabilities are debts of the firm that will be due within

For a quick check of a firms short term finiancial health examine its

________ measures the percentage of sales revenue a firm after all expenses are deducted from gross revenues.

Which of the following provides a financial snapshot of a company's assets and liabilities On a given date

Which of the following is not an example of a virtual merchant

Omni channel merchants are also referred to as

Bricks and clicks companies

Which of the following is a subscription based retailer using predictive marketing and big data

Virtual merchants face potentially costs for all of the following except

Building and maintaining pysxhial stores

All of the following statements about amazing are true except

Amazon failed to show profit in 2015

All the following are challenges faced by bricks and clicks firms except

All of the following are challenges for catalog merchants except

Building sophisticated order entry and fullfillment systems

The term supply push refers to

Making products prior to orders being based on estimated demand

All of the following are examples of the challenges the traditional manu exp. when using the internet to sell directly to the consumer except

Which of the following occurs when retailers of products must compete on price and currency of inventory directly against the manufacturer

Which of the following has the highest share of online retail sales

Which of the following has the second highest share of online retail sales

In the United States the service sector accounts for approximately ____% of the United States

All of the following statements about the online real estate services are true except

The internet and ecommerce have created sig disintermediation in the real estate market

Craigslist is a player in which of the following onljne services markets

Real estate service and career services

Which of the following has introduced a tool known as a consumer alerts to inform readers when a review is likely to be fraudulent

What is the larger sector of the online travel services market in terms of revenue

Which of the following statement is not true

Online travel services are one of the few sectors in which exstensive disintermediation has occurred

Expedia owns all of the following except

Front (Term)

Which of the following in not a major trend in the online recruitment services industry

Back (Definition)

Disintermediation

Which of the following is not true about on demand service

On demand service firms are totally new phenomenon witgout precisedent in the history of e commerce

_____ is an on demand service company focused on lodging

Service industry groups are categorized generally into two groups, those that provide transaction brokering and those that involve

Approx. ____% of the United States labor force is involved in providing service

Which of the following is not an example of a transaction brokern

All the following service require extensive personalization except

Which of the following best explains why the service sector is a natural avenue for ecommerce

Much of the value in a service is based on the collection storage and exchange of informationn

Which of the following statements about online banking is not true

More people use a tablet for mobile banking than a mobile phone

In___ all the customers financial (and non financial) data are pulled toghtter at a single personilzaed website

The internet has resulted in lower costs, increased price comparison, and lower prices to consumers for which insurance product line

All of the following statements about the online insurance industry are true except:

The internet has dramatically changed the insurance industry's value chain

In the United States the service sector accounts for approximately ____% of the United States

All of the following statements about the online real estate services are true except

The internet and ecommerce have created sig disintermediation in the real estate market

Craigslist is a player in which of the following onljne services markets

Real estate service and career services

Which of the following has introduced a tool known as a consumer alerts to inform readers when a review is likely to be fraudulent

What is the larger sector of the online travel services market in terms of revenue

Which of the following statement is not true

Online travel services are one of the few sectors in which exstensive disintermediation has occurred

Expedia owns all of the following except

Front (Term)

Which of the following in not a major trend in the online recruitment services industry

Back (Definition)

Disintermediation

Which of the following is not true about on demand service

On demand service firms are totally new phenomenon witgout precisedent in the history of e commerce

_____ is an on demand service company focused on lodging

Service industry groups are categorized generally into two groups, those that provide transaction brokering and those that involve

Approx. ____% of the United States labor force is involved in providing service

Which of the following is not an example of a transaction brokern

All the following service require extensive personalization except

Which of the following best explains why the service sector is a natural avenue for ecommerce

Much of the value in a service is based on the collection storage and exchange of informationn

Which of the following statements about online banking is not true

More people use a tablet for mobile banking than a mobile phone

In___ all the customers financial (and non financial) data are pulled toghtter at a single personilzaed website

The internet has resulted in lower costs, increased price comparison, and lower prices to consumers for which insurance product line

All of the following statements about the online insurance industry are true except:

The internet has dramatically changed the insurance industry's value chain

Which of the following are challenges to online retail except?

Solution(By Examveda Team) All of the following are challenges to online retail except Inability to change prices nearly instantly.

Which of the following are advantages of using the online retailers?

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 has the largest social network audience?

Top Social Platforms by Monthly Active Users.

Which of the following is the best definition of transaction cost?

Transaction costs are expenses incurred when buying or selling a good or service. Transaction costs represent the labor required to bring a good or service to market, giving rise to entire industries dedicated to facilitating exchanges.