Is Cyber Monday Still Relevant?

Is Cyber Monday Still Relevant?

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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Cyber Monday, akin to Black Friday, began in 2004 as a marketing strategy to boost online sales by encouraging shopping from office computers. With the rise of smartphones, shopping has become more mobile, allowing purchases from anywhere. Cyber Monday has seen significant growth, except during the 2009 economic downturn. However, its relevance is waning as online sales on other days, like Thanksgiving, increase. Retailers now offer extended deals, and consumers can find discounts through email alerts, making Cyber Monday less unique.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the original purpose of Cyber Monday?

To offer discounts on electronics

To encourage online shopping from office computers

To compete with Black Friday

To promote in-store shopping

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the rise of smartphones impact Cyber Monday?

It limited shopping to office hours

It allowed shopping from anywhere at any time

It decreased online sales

It made Cyber Monday obsolete

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which year saw a decline in Cyber Monday spending due to economic conditions?

2015

2012

2009

2004

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What trend is observed in online shopping during Thanksgiving?

Sales are limited to physical stores

Sales increase significantly

Sales remain the same as previous years

Sales decrease compared to Cyber Monday

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can consumers find deals similar to Cyber Monday throughout the year?

By using only desktop computers

By shopping only on Black Friday

By signing up for email alerts from retailers

By visiting physical stores