Cyber Monday to Break Spending Records

Cyber Monday to Break Spending Records

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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Quizizz Content

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The video discusses the anticipated record-breaking Cyber Monday and holiday season, highlighting increased consumer spending and the dominance of online shopping. Amazon's significant market share and its impact on traditional retailers are explored, along with the rise of independent retailers. Retailers are adjusting strategies due to weather and inventory challenges. Black Friday and Cyber Monday deals are now spread throughout November. Mobile commerce is growing, with 25% of digital sales on mobile devices. Despite political uncertainties, economic indicators suggest a strong spending year.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the expectation of the biggest Cyber Monday on record?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How is Amazon impacting consumer shopping behavior compared to traditional retailers?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes are retailers making in response to last year's warm weather affecting clothing sales?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends are expected for Black Friday and Cyber Monday deals this year?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of mobile devices in this year's digital sales?

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