Gen Z Driving the Recommerce Revolution

The video discusses the influence of Gen Z on online buying and selling, highlighting their values of sustainability and uniqueness. It explores eBay's market potential, focusing on enthusiast buyers who drive significant sales. The platform's shift towards luxury goods and authentication is emphasized, along with post-pandemic ecommerce trends and the rise of accidental entrepreneurs. eBay's engagement with Gen Z through social media and the introduction of a digital wallet are also covered.

What percentage of Gen Z has purchased online according to the transcript?

• 90%

• 80%

• 50%

• 60%

What is the estimated total adjustable market for eBay's reselling trend?

• $1.4 billion

• $1.4 trillion

• $1.4 quadrillion

• $1.4 million

Which group of buyers is eBay focusing on to drive growth?

• Casual buyers

• Enthusiast buyers

• Luxury buyers

• First-time buyers

What type of products is eBay authenticating to change its perception?

• Furniture

• Books

• Electronics

• Handbags

What term is used to describe sellers who start selling on eBay for extra money?

• Hobby sellers

• Seasonal sellers

• Professional sellers

• Accidental entrepreneurs

What new payment feature has eBay introduced?

• Digital wallet with cash balance

• Credit card only payments

• Cryptocurrency payments

• Cash on delivery

Which payment options has eBay recently added?

• Apple Pay and Google Pay

• Bitcoin and Ethereum

• Klarna and Afterpay

• PayPal and Venmo