How Verishop Plans to Take On Amazon

How Verishop Plans to Take On Amazon

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the growth of e-commerce, predicting a significant increase in online retail over the next decade. It highlights the importance of consumer behavior, particularly among millennials, who prioritize sustainability and research before purchasing. The challenges of competing with Amazon are addressed, emphasizing the need for innovation and discovery in e-commerce. The discussion also covers public market trends, focusing on profitability and the impact of US-China trade relations. Snap's innovation and market challenges are explored, along with the importance of trust and convenience in e-commerce platforms.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the speaker identify regarding existing e-commerce players?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the relationship between the U.S. and China in terms of trade?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of trust in the context of e-commerce according to the speaker?

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