Modern Retail: Evolution & Trends

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Technological advances have changed retail in all of the following ways EXCEPT which?

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1. This group of consumers make up one-third of the spending population and have been early adopters of technology to make their retail experiences easier.

2. How can businesses create more meaningful experiences for today's consumers?

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About This Quiz & Worksheet

Modern trends in retail will be the focus of this quiz/worksheet. You'll be responsible for key subjects like the ways technology has impacted retail and the generation of consumers who heavily rely on technology to make their purchases.

Quiz & Worksheet Goals

The following points will be covered on the quiz:

  • Establishing a more meaningful experience for consumers
  • Method of offering convenience to shoppers
  • Information about consumers from Instagram and Snapchat

Skills Practiced

  • Making connections - use your understanding of current trends in retail and how they're connected to technological advances
  • Knowledge application - use your knowledge to answer questions about the group of consumers who comprise one-third of the spending population and information about consumers that can be learned from their usage of Snapchat and Instagram
  • Information recall - access the knowledge you've gained regarding the way businesses can create a more meaningful experience for their consumers

Additional Learning

To learn more about retail, you can read the lesson named Modern Retail: Evolution & Trends. These key subjects will be addressed:

  • Example of a company that fulfills the desires of a consumer
  • Personalization in a consumer's experience
  • Convenience and flexibility from advances in technology
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