Fifteen years since the first UK sale on eBay

Fifteen years since the first UK sale on eBay

Assessment

Interactive Video

Information Technology (IT), Architecture

University

Hard

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The video discusses the evolution of online shopping, focusing on eBay's role in transforming retail. It highlights the success of THINGAMAJIGS, a business that thrived on eBay, and the broader impact of eBay and Amazon capturing 11% of UK sales. Despite challenges like data breaches, eBay has facilitated unique sales and significant growth, especially in fashion. The rise of mobile shopping is emphasized, with eBay leading in mobile retail. However, the shift to online shopping raises concerns about the decline of traditional high streets.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of purchases does the speaker predict will be made on mobile phones in the future?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised about the impact of online shopping on high street businesses?

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