JackThreads Takes a Play From Brick & Mortar Stores

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Business, Information Technology (IT), Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main challenges faced by brick-and-mortar stores according to the speaker?
High inventory costs and focus on discounts
Lack of customer interest
Limited product variety
Inability to offer online shopping
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary goal of the pop-up store launched in October?
To compete with online retailers
To test new store locations
To sell a large volume of products
To create buzz and awareness
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the speaker suggest improving the e-commerce shopping experience?
By offering free shipping and easy returns
By increasing product prices
By limiting product availability
By focusing on physical store presence
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key strategy mentioned for Jackthreads to stand out in the retail market?
Reinvesting in customer experience
Increasing advertising budget
Expanding physical store locations
Reducing product quality
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What financial challenge did Jackthreads identify among their customers?
Customers often used debit cards indicating financial constraints
Customers preferred credit cards for rewards
Customers were unwilling to pay for shipping
Customers demanded more discounts
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