1.
What is the process of driving sales by raising awareness about an online store's brand and product offerings?
Correct Answer
B. E-commerce Marketing
Explanation
E-commerce marketing refers to the process of driving sales by raising awareness about an online store's brand and product offerings. This involves various strategies and techniques such as search engine optimization (SEO), social media marketing, content marketing, and paid advertising. The goal is to attract potential customers, engage with them, and ultimately convert them into paying customers. E-commerce marketing focuses specifically on promoting and selling products online, making it the most suitable option among the given choices.
2.
What does PPC stand for in e-commerce marketing?
Correct Answer
C. Pay Per Click
Explanation
PPC stands for Pay Per Click in e-commerce marketing. This refers to a digital advertising model where advertisers pay a fee each time their ad is clicked on. It is a way of buying visits to a website rather than earning them organically. Advertisers bid on keywords relevant to their target audience, and their ads are displayed on search engine results pages or websites. When a user clicks on the ad, the advertiser is charged a certain amount. PPC is an effective strategy to drive traffic to a website and increase visibility and conversions.
3.
Which general actions can e-commerce marketing be divided into?
Correct Answer
D. Optimizing the user experience for conversion and Driving website traffic
Explanation
E-commerce marketing can be divided into two general actions: optimizing the user experience for conversion and driving website traffic. Optimizing the user experience involves improving the design, layout, and functionality of the website to make it more user-friendly and increase the chances of conversion. Driving website traffic refers to the strategies and techniques used to attract more visitors to the website, such as search engine optimization, social media marketing, and online advertising. By combining these two actions, e-commerce businesses can effectively increase their online visibility, attract more potential customers, and enhance the overall user experience to drive conversions.
4.
What is Google's advertising platform that pioneered the PPC model?
Correct Answer
C. Google Adwords
Explanation
Google Adwords is the correct answer because it is Google's advertising platform that pioneered the PPC (Pay-Per-Click) model. Adwords allows advertisers to create and display ads on Google's search engine results pages and partner websites. It enables businesses to bid on specific keywords and pay only when their ad is clicked by a user. Adwords has been rebranded as Google Ads, but it was originally known as Adwords when it was first launched in 2000.
5.
What is the popular online payment service is owned by eBay?
Correct Answer
D. PayPal
Explanation
PayPal is the correct answer because it is a popular online payment service that is owned by eBay. PayPal allows individuals and businesses to make online transactions securely and conveniently. It is widely used for online shopping, sending and receiving money, and transferring funds between bank accounts.
6.
What is the term that refers to the small web page that opens automatically with an ad when some websites are visited?
Correct Answer
C. Pop-up Ad
Explanation
A pop-up ad is a small web page that opens automatically with an ad when some websites are visited. It is a form of online advertising that appears in a new window or tab, often disrupting the user's browsing experience. Pop-up ads are commonly used to promote products or services and generate revenue for websites.
7.
What is the fee a company receives for enabling or executing a transaction?
Correct Answer
A. Transaction Fee
Explanation
A transaction fee is the fee that a company receives for enabling or executing a transaction. It is a charge imposed on a customer for the processing of a transaction, such as a purchase or a financial transaction. This fee is usually a percentage of the total transaction amount or a fixed amount. It is a common source of revenue for companies that facilitate transactions, such as payment processors, banks, and online platforms.
8.
What is the model a company uses to offer its users content or services and charge a fee for access to some or all of its offerings?
Correct Answer
C. Subscription Model
Explanation
The subscription model is a business model where a company offers its users access to content or services in exchange for a recurring fee. This model allows companies to generate a steady stream of revenue and build long-term relationships with their customers. By charging a fee for access to some or all of its offerings, the company can provide ongoing value to its users and ensure a consistent income stream. This model is commonly used by companies in various industries such as media, software, and e-commerce.
9.
What is the plan one puts together that details exactly how one intends to enter a new market and attract new customers?
Correct Answer
B. Market Strategy
Explanation
A market strategy is a plan that outlines the specific steps and tactics one intends to use in order to enter a new market and attract new customers. It includes market research, target audience identification, competitive analysis, pricing strategies, promotional activities, and distribution channels. This strategy helps businesses understand the market dynamics, identify opportunities, and develop a clear roadmap to achieve their goals in the new market.
10.
What does SEO stand for in e-commerce marketing?
Correct Answer
C. Search Engine Optimization
Explanation
SEO stands for Search Engine Optimization in e-commerce marketing. It refers to the practice of optimizing a website to improve its visibility and ranking in search engine results. This involves various techniques such as keyword research, content optimization, link building, and website design, among others. The goal of SEO is to drive organic traffic to a website, increase its online presence, and ultimately improve its chances of attracting potential customers and generating sales.