Amazon Forecasts Slow Holiday Sales

Amazon Forecasts Slow Holiday Sales

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Amazon's sales growth, highlighting a 15% increase in net sales and the success of the Prime Early Access event. Despite inflation, consumers are spending on necessities. Amazon's advertising business is thriving, benefiting from changes in digital advertising landscapes, unlike competitors Alphabet and Meta. This growth is advantageous for consumer packaged goods companies seeking strong ROI. The video also addresses concerns about buy now, pay later schemes, which have led to increased consumer debt, urging a return to more sustainable spending habits akin to 2019.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a key factor in Amazon's ability to move excess inventory during the Prime Early Access event?

Increasing advertising spend

Reducing prices on luxury items

Focusing on value and convenience for consumers

Offering discounts on consumer electronics

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Amazon's advertising business been affected by changes in digital advertising?

It faced challenges similar to Alphabet and Meta

It has grown significantly, benefiting from changes like iOS 14 updates

It has declined due to increased competition

It remained stable with no significant changes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are consumer packaged goods companies attracted to Amazon's advertising platform?

It provides access to international markets

It focuses on luxury brand promotion

It offers low-cost advertising options

It guarantees a high return on investment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact did 'buy now, pay later' schemes have on consumer behavior in 2020 and 2021?

Improved consumer credit scores

Reduced consumer spending

Encouraged consumers to save more

Led to increased consumer debt

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential long-term benefit of consumers moving away from 'buy now, pay later' schemes?

More frequent shopping

Reduced consumer debt

Higher interest rates

Increased luxury spending