Cross-border e-commerce - Consideration
Cross-Border E-Commerce Quiz
Test your knowledge on Cross-Border E-Commerce with our engaging quiz! Whether you're a beginner or an expert in the field, this quiz will challenge your understanding of key concepts and strategies in international online trading.
Topics covered include:
- Definition and identification of CBEC
- Landed costs and pricing strategies
- Localization and customer service importance
- Payment systems and data protection
The definition of Cross-Border E-Commerce (CBEC) is...
CBEC is trading online between B2C, B2B, C2C around the world.
CBEC means that customers order then goods will be sent directly from overseas.
CBEC is what when businesses do it, they need to deal with shipping and to handle customs, fees, duties, taxes, etc.
The righ way to identify CBEC is...
CBEC is a relatively low-cost entry method because of its minimum trial-and-error costs and short value chain, selling cross-border still requires a high investment.
Sellers can use CBEC to achieve an sales strategy.
What is a landed cost?
A landed cost is money it costs a vendor to create a product, transport it, and have the customer receive it.
A landed cost is the total amount of money it costs a vendor to create a product, transport it, and have the customer receive it.
What is APPLE’s strategy to introduce their new products?
They build the excitement for people by getting the hype going for new products release.
They make people to stand in very long lines in order to get the phone or to pre-order them weeks before its releases.
€˜PSP is like a secure switch between the customer, the seller, and the issuing and acquiring bank to help stakeholders with payment confirmation and to encrypt sensitive financial data.’
True
False
Why is Customer Service important?
Because customer experience is the key to strengthening the cross-border sale.
Because investigating what promoters and clients love about your brand and enhancing this are very important.
What is localization?
The localization of an e-commerce site is creating copies of an existing site and changing the experience to mirror the language and currency for a particular region.
Localization is when you sell certain items and want to focus on specific customer placement in certain regions.
€˜Data protection aims to help keep customer online personal information safe and secure.’
True
False
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