1stdibs Is Gunning for the Offline Market, CEO Says

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the original purpose of founding First Dibs?
To offer a platform for new and custom designs
To put the Paris flea market online
To sell luxury fashion items
To create a digital marketplace for contemporary art
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who was the lead investor in the recent funding round for First Dibs?
Artemis
Morgan Stanley
Goldman Sachs
T Rowe Price
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the partnership with Christie's benefit First Dibs?
By allowing First Dibs to list items on Christie's website
By curating a collection marketed through both companies
By providing exclusive access to Christie's auction items
By merging both companies into a single entity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the new gallery in New York City for First Dibs?
It is a venue for exclusive auctions
It serves as the main office for First Dibs
It is a storage facility for luxury items
It complements the online business by offering physical viewing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary market that First Dibs is targeting with its expansion?
Mass-market retail
Digital-only products
High-value luxury orders
Low-cost consumer goods
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does First Dibs view its competition in the market?
As direct competitors in the digital space
As partners in the luxury market
As irrelevant to their business model
As offline alternatives to their offerings
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main challenge for First Dibs in the luxury market?
Competing with Amazon and Walmart for low-cost orders
Finding suppliers willing to sell online
Overcoming friction with traditional retail channels
Establishing a presence in the offline market
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