Why Amazon Is Out to Charm Online Merchants

Why Amazon Is Out to Charm Online Merchants

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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Amazon is focusing on providing a more personal touch to its sellers, who are crucial for keeping prices low and inventory diverse. The company is also encouraging sellers to expand globally by using Amazon's services, which include features like currency exchange to simplify international sales.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Amazon's new approach to improve the experience for its sellers?

Increasing automation

Providing a more personal touch

Expanding product categories

Reducing seller fees

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are third-party merchants significant to Amazon's business model?

They offer faster shipping options

They help keep prices low and inventory diverse

They provide exclusive products

They reduce Amazon's operational costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Approximately what percentage of Amazon's sales come from third-party merchants?

25%

50%

75%

90%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Amazon's strategy to help sellers reach international markets?

Reducing international taxes

Encouraging the use of Amazon services for global sales

Providing language translation services

Offering free shipping worldwide

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which service does Amazon offer to simplify international selling for smaller businesses?

Currency exchange rates

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Product localization

Customs clearance