True Classic Expands Its Retail Footprint

True Classic Expands Its Retail Footprint

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The transcript discusses True Classic's business strategies, including their expansion with Target, focus on customer satisfaction, and effective use of digital marketing. The CEO highlights the importance of storytelling in marketing and the company's efforts in philanthropy. True Classic has diversified its supply chain to mitigate tariff risks and offers competitive pricing to attract customers.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of clothing is still purchased in physical retail locations according to the CEO of True Classic?

Over 70%

Over 60%

Over 50%

Over 40%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key factors that contributed to True Classic's rapid revenue growth?

High price points

Well-fitted shirts at competitive prices

Celebrity endorsements

Limited product range

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the core customer demographic for True Classic?

Women aged 18-34

Men aged 34-54

Seniors aged 65+

Teenagers aged 13-19

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason True Classic offers discounts on their T-shirt packs?

To clear old stock

To introduce new designs

To incentivize bulk purchases

To compete with luxury brands

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which platforms does True Classic primarily use for digital advertising?

Meta and Google

YouTube and Reddit

Twitter and LinkedIn

Snapchat and Pinterest

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does True Classic differentiate itself in the crowded social media market?

By focusing on storytelling

By using celebrity endorsements

By having a limited online presence

By offering the lowest prices

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is True Classic's approach to philanthropy?

They donate clothing quietly without much advertising

They heavily advertise their donations

They only donate during the holiday season

They focus on celebrity-driven charity events