E-commerce businesses:
A)Are normally confined to more restrictive marketing due to the larger market
B)Experience dramatically reduced marketing costs as the result of the expanded market
C)Requires longer period for delivery of a product due to the processing time of e-commerce
D)Less flexible in pricing structures due to www and Internet distribution of information

Question

Quizplus · Accepted Answer

E-commerce businesses have an expanded market that allows them to reach customers from all over the world without the need for physical stores. This reduces marketing costs as they don't need to invest in traditional advertising channels like billboards, TV, or print media. Instead, they can use digital marketing tools like social media, email, and online advertising to target customers more effectively. They can also leverage data analytics to optimize their marketing campaigns in real-time, which makes the process much more cost-effective.

E-Commerce Businesses