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April 10, 2022 By Johnny Admin

Core eCommerce Terminology Promotions and Marketing Related Terms Questions
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  1. Question 1 of 7
    1. Question

    Is the following statement true or false?

    Affiliate Marketing is a marketing strategy in which your ecommerce business partners with other business so that they will promote and endorse your products and send customers to your website.

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  2. Question 2 of 7
    2. Question

    Is the following statement true or false?

    Typically, the affiliate receives a percentage of every sale generated from the visitor that came from their website.

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  3. Question 3 of 7
    3. Question

    Is the following statement true or false?

    When a seller offers additional products that complement, enhance, or relate to a product being sold, this is known as cross-selling.

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  4. Question 4 of 7
    4. Question

    Is the following statement true or false?

    A Discount Code, Coupon Code or Promo Code is a code, usually a short series of numbers and/or letters, that online shoppers enter at checkout for special offers or discounts.

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  5. Question 5 of 7
    5. Question

    Is the following statement true or false?

    A Discount rate is the fee that an online merchant pays to its third-party payment processor for processing credit card payments.

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  6. Question 6 of 7
    6. Question

    Is the following statement true or false?

    A Discount rate is typically a small percentage of each payment processed.

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  7. Question 7 of 7
    7. Question

    Is the following statement true or false?

    Upselling is a technique to offer customers an opportunity to upgrade a purchase or to buy a more expensive version of a product to maximize the value of the purchase for the seller.

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