Final answer:
Three types of incentives used to encourage customers to make online purchases are financially-based incentives, convenience-based incentives, and location-based incentives. Therefore given statement is true
Step-by-step explanation:
The statement is true. Three types of incentives used to encourage customers to make online purchases are financially-based incentives, convenience-based incentives, and location-based incentives.
Financially-based incentives include discounts, coupons, and cashback rewards, which give customers the opportunity to save money or earn rewards when making a purchase.
Convenience-based incentives focus on making the online shopping experience easier and more convenient for customers. Examples include free shipping, easy return policies, and personalized recommendations.
Location-based incentives are targeted to customers based on their geographic location. For example, offering free delivery to customers in a specific area or providing localized promotions.