Creator-Driven Marketplace LTK Raises $300M from SoftBank

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Business
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the initial purpose of the platform created by Amber?
To enable creators to monetize their fashion blogs
To provide a social media platform
To connect creators with retailers
To offer a consumer shopping app
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do social media platforms complement the LTC business?
By providing new formats to attract customers
By replacing traditional retail stores
By offering free advertising
By reducing the need for creators
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which region is noted for being forward in online shopping experiences?
Australia
Europe
South America
Africa
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of the LTC platform regarding inventory?
Creators hold large inventories
Creators manage customer care
Creators ship products themselves
Creators do not hold any inventory
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of sales went to direct-to-consumer brands in the last 12 months?
10%
40%
20%
30%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of the LTC platform?
News sharing
Social networking
Creator guided shopping
Video content creation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the LTC platform ensure a focused shopping experience?
By offering discounts
By being solely dedicated to shopping
By providing customer reviews
By integrating with social media
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