Can Fortnum & Mason Beat Its Double Digit Growth?

Can Fortnum & Mason Beat Its Double Digit Growth?

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The transcript discusses Fortnum & Mason's business strategies, focusing on the growth of online sales, changes in customer demographics, and the importance of Christmas sales. It highlights the shift from international to domestic customers and the expansion of the brand globally. The company is investing in new digital platforms to enhance its online presence, while maintaining the significance of physical stores. The discussion also touches on the brand's association with the royal family and its authenticity.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Fortnum and Mason's business is currently represented by online sales?

10%

20%

30%

40%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary change in Fortnum and Mason's customer base over the last two years?

More domestic customers

More seasonal customers

More international customers

More online customers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Fortnum and Mason's annual business is generated during the Christmas season?

80%

70%

60%

50%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which British heritage brands have been featured alongside Fortnum and Mason?

Chanel and Dior

Nike and Adidas

Gucci and Prada

Burberry and Hunter

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many countries did Fortnum and Mason deliver to last year?

150

200

162

100

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of Fortnum and Mason's digital strategy?

Expanding product range

Reducing prices

Developing a new online platform

Increasing in-store sales

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the top-selling products for Fortnum and Mason during the Christmas season?

Christmas hampers and tea

Electronics and gadgets

Perfumes and cosmetics

Clothing and accessories