Retailers ready for big Cyber Monday, after record Black Friday sales

Retailers ready for big Cyber Monday, after record Black Friday sales

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of Cyber Monday and Black Friday on the US economy, highlighting significant increases in sales, particularly in toys and jewelry. It explores consumer behavior, noting a rise in credit card usage and potential debt. Experts suggest budgeting and smart shopping strategies to avoid financial pitfalls. Maya Rodriguez shares her personal shopping experience, emphasizing the importance of deals and using points instead of cash.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the increase in spending on Cyber Monday compared to an average day this fall?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the record spending on Black Friday and Cyber Monday indicate about consumer confidence in the economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total amount spent online on Black Friday according to Adobe Analytics?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How do experts suggest consumers manage their credit card debt during the holiday season?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies do experts recommend for consumers to avoid overspending during the holidays?

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