TDX eCommerce Quiz, after day one

Which of the following isn’t a definition of e-commerce?

• Buying and selling of goods and services using the internet, and the transfer of money and data to execute the transaction

• The sale of physical products online

• Electronic Commerce

• Buying and selling of goods and services over a telephone call

The decision-making process is much more complicated for B2B than it is for B2C.

• True

• False

How do companies that operate C2C platforms profit?

• Facilitating transactions

• Fees charged to sellers for listing products

• Promotional features

• All of these

According to Nasdaq, by 2040 what percentage of sales will happen online?

• 35%

• 55%

• 75%

• 95%

According to Statisa, there are _______ active digital buyers.

• 900 million

• 1.5 billion

• 2.1 billion

• 3.5 billion

WP Forms estimates there are ____ active eCommerce sites.

• 500-750,000

• 1-2 million

• 4-8 million

• 12-24 million

<1 million eCom sites earn more than _____ in annual revenue

• $1,000

• $10,000

• $100,000

• $1 million

According to BusinessWire, select how shoppers most frequent shop (highest to lowest)

• In store, in the bathroom, in bed

• In bed, in store, in the bathroom

• In the office, in store, in bed

• In the bathroom, in bed, in the office

According to HubSpot, what percentage of buyers trust the advice of friends and family?

• 25%

• 41%

• 60%

• 81%

According to Invespcro, the global eCommerce conversion rate (Q2 2019) is:

• 1.20%

• 2.58%

• 3.62%

• 5.02%