Question

Rough percentage of users preferring local currency for online shopping.

A. 30%
B. 50%
C. 70%
D. 90%

Answer 1

The question asks for a rough percentage of users preferring local currency for online shopping. Without specific data or a survey result, an accurate answer cannot be provided. Consumers often prefer local currency to avoid exchange rate charges, but the percentage would depend on demographic data.

Step-by-step explanation:

The question about the rough percentage of users preferring local currency for online shopping does not provide enough information for a definitive answer. To determine this, one would ideally need data from a reliable survey or study. Without that data, we cannot confidently select any of the options provided (A. 30%, B. 50%, C. 70%, D. 90%).

It is important to have access to recent and relevant statistics to answer such a question accurately. In most online shopping experiences, users tend to prefer dealing with their local currency to avoid confusion and exchange rate charges, but the exact percentage would vary depending on the demographics and region.

Answer 2

Rough percentage of users preferring local currency for online shopping is 70%. C is the correct option.

Step-by-step explanation:

The rough percentage of users preferring local currency for online shopping is approximately 70%. This suggests that a significant majority of online shoppers tend to favor transactions conducted in their local currency. Understanding this preference is vital for businesses engaged in e-commerce, as it emphasizes the importance of providing localized payment options to cater to user preferences.

The 70% estimate indicates a substantial inclination towards the use of local currency, possibly driven by factors such as familiarity, trust, and reduced currency conversion complexities. It underscores the significance of accommodating diverse payment preferences to enhance the overall user experience and increase the likelihood of successful online transactions. This insight can guide businesses in formulating effective strategies to meet the payment needs of their target audience.

In summary, selecting C. 70% as the answer recognizes the predominant trend among online shoppers, highlighting the prevalence of a preference for local currency transactions. This knowledge is instrumental for businesses seeking to optimize their payment systems and cater to the expectations of their customer base, ultimately contributing to the success and growth of the online retail sector.