LTK Co-Founder on Influencer Economy, Potential TikTok Ban

LTK Co-Founder on Influencer Economy, Potential TikTok Ban

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses LTK's role in the social commerce ecosystem, highlighting its creator-guided shopping model. It explores LTK's interaction with major social media platforms like Instagram and TikTok, and how creators monetize their influence. The video also covers brand engagement, growth strategies following SoftBank's investment, and trends like D-influencing and AI's impact on social media.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of LTK in the social commerce ecosystem?

Creator-guided shopping

Brand-exclusive shopping

Platform-independent shopping

Retailer-driven shopping

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which platform is described as an 'ocean' where creators fish for future customers?

Instagram

TikTok

Facebook

Twitter

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What distinguishes LTK creators from their social-only peers?

They focus on short-term gains

They have a business plan and build trust over time

They do not engage with their audience

They rely solely on brand sponsorships

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has LTK utilized the investment from SoftBank?

By acquiring new companies

By doubling headcount and making strategic bets

By increasing marketing spend

By reducing operational costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is LTK's approach to customer acquisition until 2022?

Partnerships with other platforms

Discount offers and promotions

Paid advertising campaigns

Organic growth without spending on customer acquisition

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 'deep influencing' trend about?

Promoting high-end luxury items

Focusing on sustainable products

Criticizing products pushed by influencers for a paycheck

Encouraging people to buy more products

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is AI perceived in the context of the creator economy?

As a replacement for human creators

As a tool for enhancing discovery and efficiency

As irrelevant to the creator economy

As a threat to creators