Understanding Retailers, E-tailers and E-commerce

What is a retailer?

• A business that sells goods to the public, often in a physical shop

• A business that only sells online

• A type of product

Which of the following is an example of a retailer?

• Amazon

• A small independent trader

• Alibaba

What is an e-tailer?

• A retailer that sells products in a physical shop

• A retailer that sells products online

• A type of department store

Which of the following is an advantage of shopping at a physical shop?

• You can shop 24 hours a day

• You can see and feel the quality of the products

• You don't need internet access

What is a disadvantage of e-tailers?

• They require expensive premises

• Customers cannot pay by cash

• They are limited by the size of a shop

Which of the following is an example of an e-tailer?

• A department store

• Alibaba

• A supermarket

What is e-commerce?

• Buying and selling goods in a physical shop

• Buying and selling goods and services online

• A type of small independent trader

Which of the following is a disadvantage of shopping online?

• You can shop whenever you want

• Goods need to be delivered, so you must wait

• Prices are often lower

What is an advantage of e-tailers over physical shops?

• They can offer a wide range of products

• Customers can try on products

• They require high street premises

Which of the following is NOT a type of retailer?

• Supermarket

• E-tailer

• Department store