BUSINESS ADMINISTRATION
RETAIL MARKETING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
can be described as physical (traditionally bricks and mortar)
|
|
|
this means selling in a physical store and online
|
|
|
is a mix of two things to form one
|
|
|
Online shopping (sometimes known as E-tailing, from “electronic retail” or E-shopping) is a form of electronic commerce
|
Detailed explanation-1: -Electronic retailing (E-tailing) is the sale of goods and services through the internet. E-tailing can include business-to-business (B2B) and business-to-consumer (B2C) sales of products and services.
Detailed explanation-2: -E-retail, also known as e-tail, internet retail or online retail, stands for electronic retail. In e-retail, a business or individual sells retail products and services through online stores. An e-retail company can be a purely digital presence, meaning there is no physical store for a customer to enter.
Detailed explanation-3: -E-tail, being electronic retail, tends to primarily focus on the business-to-consumer (B2C) segment. Ecommerce, on the other hand, encompasses B2C as well as business to business (B2B), consumer to consumer (C2C), direct to consumer (D2C), and consumer to business (C2B) markets.
Detailed explanation-4: -Consumer-to-consumer (C2C) is a type of e-commerce in which consumers trade products, services and information with each other online. These transactions are generally conducted through a third party that provides an online platform on which the transactions are carried out.