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E-Commerce Terminology Test Questions with Complete Solutions Graded A+ $4.99   Add to cart

Exam (elaborations)

E-Commerce Terminology Test Questions with Complete Solutions Graded A+

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E-Commerce Terminology Test Questions with Complete Solutions Graded A+ clickstream behavior - Answers the transaction log that consumers establish as they move about the Web security of credit card information, privacy of personal information, shipping costs, product quality, web site return pol...

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  • October 28, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • E-Commerce Terminology
  • E-Commerce Terminology
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TutorJosh
E-Commerce Terminology Test Questions with Complete Solutions Graded A+

clickstream behavior - Answers the transaction log that consumers establish as they move about the
Web

security of credit card information, privacy of personal information, shipping costs, product quality, web
site return policy - Answers top 5 concerns about purchasing online (in order)

augmented product - Answers a product with additional benefits to customers beyond the core benefits
embodies in the actual product

closed loop marketing - Answers when marketers are able to directly influence the design of the core
product based on market research and feedback from the market

Law of One Price - Answers with complete price transparency in a perfect information marketplace,
there will be one world price for every product

price dispersion - Answers the difference between the highest and lowest price in a market

library effect - Answers an attempt to appeal to consumers on the basis of the total number of products
offered

rule-based data mining - Answers examines demographic and transactional data of groups and
individuals at a Web site and attempts to derive general rules of behavior for visitors

collaborative filtering - Answers site visitors classify themselves into affinity groups characterized by
common interests; products are then recommended based on what other members in the group have
recently purchased

customer relationship management (CRM) system - Answers a repository of customer information that
records all of the contacts that a customer has with a firm and generates a customer profile available to
everyone in the firm with a need to "know the customer"

one-to-one marketing - Answers segmenting the market based on a precise and timely understanding of
an individual's needs, targeting specefic marketing messages to these individuals, and then positioning
the product vis-a-vis competitors to be truley unique

transactive content - Answers results from the combination of traditional content, such as articles and
product descriptions, with dynamic information culled from product databases, tailored to each user's
profile

organic search - Answers inclusion and ranking of sites depends on a more or less unbiased application
of a set of rules imposed by the search engine

product advertising, financial services, scam/fraud, health remedies, pornography - Answers top 5 spam
categories

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