Store/market trader - SS1 Commerce Past Questions and Answers - page 1
What is the main characteristic of a store/market trader?
They operate online businesses.
They sell goods or services directly to customers in physical stores or markets.
They manufacture products to sell to consumers.
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What is one advantage of a store/market trader?
Global reach and unlimited customer base.
Immediate product delivery through shipping.
Personalized service and direct customer interaction.
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What is a potential disadvantage of a store/market trader?
Limited product variety.
Lower competition compared to online businesses.
High overhead costs.
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What do store/market traders offer to customers?
Virtual shopping experience.
Tangible shopping experience.
Online auctions.
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Which factor limits the geographical reach of a store/market trader?
Direct customer interaction.
Physical presence in a specific location.
Online advertising.
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Discuss one of the feature of of a store/market trader.
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Discuss one of the advantages of a store/market trader.
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