Where to Find the Best Retail Deals After Christmas

Where to Find the Best Retail Deals After Christmas

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses current apparel deals at stores like Macy's, Banana Republic, and Nike, highlighting consumer demand for discounts. It explores the impact of these deals on retailer profitability, often driven by inventory clearance. The challenges faced by the apparel industry due to shifting consumer spending towards technology are examined. The video also addresses the competitive nature of online shopping, where consumers have access to extensive information for price comparison. Finally, Deal Science is introduced as a service that uses data to advise consumers on the best times to buy.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does Amazon play in the competitive landscape of retail?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Deal Science utilize historical data to benefit consumers?

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