What is one of the main reasons traditional consumer packaged goods companies are feeling pressure from Amazon?
Amazon Looks to Spread Basics Brand

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Business, Information Technology (IT), Architecture
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amazon's focus on luxury brands
Amazon's expansion into private label brands
Amazon's partnership with Walmart
Amazon's decline in online sales
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is Amazon reshaping consumer preferences according to the discussion?
By reducing prices of all products
By using data to tailor product offerings
By limiting consumer choices
By offering exclusive luxury products
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does technology play in the changing landscape of brand loyalty?
It limits consumer access to new brands
It provides tools for consumers to make informed choices
It reduces the need for online shopping
It enhances traditional brand dominance
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the role of social media influenced consumer choices?
By decreasing brand visibility
By promoting traditional retail channels
By allowing celebrities to influence brand popularity
By reducing the impact of online reviews
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the outcomes of Amazon's influence on the retail market?
Stability in consumer preferences
Increased dominance of traditional brands
Growth of niche and private label products
Decline in online shopping
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What strategy is Walmart using to compete with Amazon?
Focusing solely on urban markets
Acquiring niche and bespoke brands
Reducing its physical store presence
Partnering exclusively with luxury brands
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant difference between Amazon and Walmart's target demographics?
Walmart targets only online shoppers
Both target the same demographic
Amazon targets the urban wealthy, Walmart targets a broader audience
Amazon targets rural areas, Walmart targets urban areas
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