Businessweek Talks: Verishop's Imran Khan

Businessweek Talks: Verishop's Imran Khan

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the growth of e-commerce and its impact on retail sales, highlighting the significance of reaching a 7.5% to 10% market penetration. It explores the need for a lifestyle e-commerce destination and the challenges faced by marketplaces. The discussion includes insights into WeWork's market challenges and the volatility of public markets. Lessons from Snap's ad business growth are shared, emphasizing the importance of building an audience and a strong team.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of overall retail sales does ecommerce currently represent, according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the 'magic number' mentioned in the text that indicates when things start to fall apart in the market?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the current state of lifestyle ecommerce?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do consumers face when trying to shop across multiple websites?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What lessons did the speaker learn from their experience at Snap that they are applying to their current business?

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