Online Consumer Behavior and E-commerce Trends Quiz

Convenience is a key factor in influencing online consumer behavior due to its ease and accessibility.

B2C stands for Business to Customer, representing transactions between a business and individual consumers.

The purchase stage involves the actual buying decision in the consumer decision-making process.

Shopping cart abandonment occurs when a customer adds items to their cart but does not complete the purchase process.

Behavioral targeting involves showing personalized recommendations to users based on their previous interactions and behavior.

Bartering is not a common payment method in e-commerce; it involves exchanging goods or services directly without using money.

Freemium is the practice of offering basic services for free while charging for premium features, aiming to attract and retain customers.

The omnichannel approach aims to provide a seamless shopping experience across various channels, including online and offline.

Retargeting involves tracking users who have visited a website and showing them ads across the web to encourage them to return.

Data mining is the process of analyzing large datasets to uncover hidden patterns, correlations, and insights.

Geo-targeting involves adjusting website content based on a user's geographic location to provide relevant and localized information.

Cross-selling is the strategy of selling complementary products or services to existing customers, increasing revenue and customer satisfaction.