Ecommerce Trivia 2

Question 1

Which online retailer was originally launched in 1995 as an online bookstore?

Accepted Answer

Amazon

Answer

eBay

Answer

Walmart

Answer

Alibaba

Question 2

What does the acronym 'SKU' stand for in ecommerce inventory management?

Accepted Answer

Stock Keeping Unit

Answer

Standard Kit Unit

Answer

Sales Key Universal

Answer

Storage Catalog Use

Question 3

Which payment company was co-founded by Elon Musk and became a dominant online payment platform?

Accepted Answer

PayPal

Answer

Stripe

Answer

Square

Answer

Venmo

Question 4

What is the term for when a shopper adds items to a cart but leaves without buying?

Accepted Answer

Cart abandonment

Answer

Bounce rate

Answer

Churn

Answer

Drop shipping

Question 5

Which Chinese company operates the Taobao and Tmall marketplaces?

Accepted Answer

Alibaba

Answer

Tencent

Answer

JD.com

Answer

Baidu

Question 6

What ecommerce model has a retailer ship products directly from a supplier without holding inventory?

Accepted Answer

Dropshipping

Answer

Wholesaling

Answer

Subscription

Answer

Affiliate

Question 7

Which platform is best known as a hosted ecommerce solution founded in Canada in 2006?

Accepted Answer

Shopify

Answer

WooCommerce

Answer

Magento

Answer

BigCommerce