Retailers Prefer To Shop Online On Black Friday

Retailers Prefer To Shop Online On Black Friday

Assessment

Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

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The video discusses the evolution of Black Friday shopping habits, highlighting a shift from in-store to online shopping. It notes that while Americans continue traditional in-store shopping, UK consumers are increasingly shopping online. Retailers are adapting by extending Black Friday sales and promoting online shopping with click-and-collect options. Despite changes, Black Friday remains a significant sales event, with retailers benefiting from both online and in-store purchases.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main trend observed in Black Friday shopping habits according to the first section?

Increase in in-store shopping

Decline in online shopping

Decrease in overall spending

Rise in online shopping

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did some UK retailers decide to opt out of Black Friday?

To increase in-store traffic

Due to high operational costs

To focus on Cyber Monday

Because of customer feedback

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the trend in High Street spending since 2013?

It has decreased significantly

It has remained stagnant

It has grown but not as much as online spending

It has surpassed online spending

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are retailers like Amazon adapting to the changing shopping landscape?

By reducing prices further

By extending Black Friday into multiple days

By closing physical stores

By offering exclusive in-store deals

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one benefit of the click-and-collect service for retailers?

It reduces online traffic

It doubles the average spend

It decreases customer spending

It eliminates the need for physical stores