Is Cyber Monday Just a Marketing Ploy?

The video discusses the evolution of online shopping, highlighting the transition from a time when people were not accustomed to shopping online to the current trend of extensive Cyber sales. It explores how retailers are extending Cyber Monday into Cyber Week or even longer, offering significant discounts on various products. The video also touches on inventory management strategies used by retailers and how consumers are becoming more strategic in their shopping habits, setting alerts and waiting for sales to get the best deals.

What was the initial purpose of Cyber Monday?

• To promote in-store shopping

• To encourage online shopping

• To reduce holiday shopping

• To increase physical store visits

Which retailer is mentioned as offering a significant discount on iPad Minis?

• Home Depot

• Target

• Best Buy

• GameStop

How do retailers use Cyber sales for inventory management?

• By closing stores

• By increasing prices

• By reducing product variety

• By moving high volume or dated products

What is a common consumer strategy during Cyber sales?

• Ignoring sales alerts

• Setting alerts for desired products

• Shopping only in physical stores

• Avoiding online shopping

What is the potential future trend for Cyber sales duration?

• Cyber Hour

• Cyber Quarter

• Cyber Year

• Cyber Day