Wayfair IPO Furnishes E-Commerce Dominance Plan

Wayfair IPO Furnishes E-Commerce Dominance Plan

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Other

University

Hard

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The transcript discusses Wayfair's IPO, highlighting its strategy to become a household name by competing in areas where Amazon is less dominant, such as furniture. Wayfair's business model relies on a network of suppliers who hold inventory, contrasting with Amazon's warehousing approach. The discussion also touches on the broader e-commerce market, noting its current popularity and investor interest, despite some market weaknesses.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Wayfair's strategy to become more recognized in the market?

By opening physical stores

By reducing product prices

By consolidating niche websites under one brand

By acquiring Amazon

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Wayfair's business model differ from Amazon's?

Wayfair focuses only on books

Wayfair offers same-day delivery

Wayfair warehouses all its products

Wayfair uses a marketplace model with suppliers holding inventory

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key advantage of Wayfair's business model over Amazon's?

Higher product quality

Exclusive product lines

Faster shipping times

Lower warehousing costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies are mentioned as having successful e-commerce debuts?

Alibaba and Zalando

Walmart and Target

Shopify and Etsy

Amazon and eBay

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Despite market fluctuations, why is e-commerce still attractive to investors?

It is a declining market

It has low competition

It offers high returns

It is a hot and growing space