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Question Ecommmerce has hecome a valuaible tool to even small business as throug

ID: 3691336 • Letter: Q

Question

Question Ecommmerce has hecome a valuaible tool to even small business as through the internet companics cam reach cussivner has that were previously too small to be profitable. In product terms this ability design and sell products to a limited number of consumers is called Question 49 A common practice in today's ecommerce pricing structure is to start with a free good/service and then offer multiple versions with different prices depending upon what a specific consumer group is willing to pay as consumers will segment themselves into groups that are willing to pay different amounts based on the value of the pricing structure to them. Wordpess.com and WordPress.org is a good example of this practice which is called

Explanation / Answer

Question.48

Answer:

E-commerce has become a valuable tool to even small business as through the internet companies can reach customer bases making the business profitable.In product term this ability design,selling products to a limited number of consumers is called " Minimum Advertised Price " or " MAP ".

Question.49

Answer:

E-commerce strategy when company offer product at free and offer multiple versions with different prices .Wordpress.com and WordPress.org is a good example of this practice which is called " Versioning " .

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