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A large retailer has decided to implement a social media strategy and launch a web site that will help them reach a much larger target market.  They have some experience selling on line but am concerned about potential challenges. You have been hired to provide advice and suggest they need to be cognisant of the following challenges:Question 76AnswerSelect one or more:a.Payment systems and exchange ratesb.Lack of consumer trustc.Culture and language issuesd.Product designe.All of these choicesf.None of these choices

Question

A large retailer has decided to implement a social media strategy and launch a web site that will help them reach a much larger target market.  They have some experience selling on line but am concerned about potential challenges. You have been hired to provide advice and suggest they need to be cognisant of the following challenges:Question 76AnswerSelect one or more:a.Payment systems and exchange ratesb.Lack of consumer trustc.Culture and language issuesd.Product designe.All of these choicesf.None of these choices

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Solution

A large retailer has decided to implement a social media strategy and launch a website that will help them reach a much larger target market. They need to be cognizant of the following challenges:

a. Payment systems and exchange rates

b. Lack of consumer trust

c. Culture and language issues

e. All of these choices

Explanation:

a. Payment systems and exchange rates: If they're selling to customers in different countries, they'll need to be able to handle different currencies and payment methods.

b. Lack of consumer trust: Online shoppers need to trust that their personal and financial information will be safe, and that the products they buy will be as described.

c. Culture and language issues: If they're selling to customers in different countries, they'll need to be able to communicate effectively in different languages and be sensitive to cultural differences.

Option d, Product design, might be a challenge in some cases, but it's not directly related to implementing a social media strategy or launching a website

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