Trends in Retail: Analysis of eBay and Recommendations

Inquiry based
learning

Contents
Introduction..........................................................................................................................................3
Trends in retail:.....................................................................................................................................3
Analysis of the organization.................................................................................................................4
Recommendations:...............................................................................................................................6
Conclusion............................................................................................................................................9
Reference............................................................................................................................................10

Introduction
The changes taking place in external environment two nutrients that are affecting the present
functioning of retail sector. There is massive growth in influencer marketing social commerce
and advancements in augmented reality shopping experiences. As a result of the pandemic
various E-Commerce brands are working towards expanding their present online shopping
experience. Present report is based on new innovative trends that are being adopted by the retail
industry so that they are able to go along with the trends (Cui and et.al., 2017). As per analysis of
the present report is based on analyzing the key trends that are part of retail sector. Further as per
study of the organizations based on it for their recommendations that are drawn in the present
scenario.
Trends in retail:
For the purpose of analyzing the present trends affecting E bay there is need to make analysis as
mentioned below:
Political factors: E bay is having strong brand image but it is affected by the changing political
scenario that is part of the external environment (Bansal. and Kaur 2021). There are several
political factors that include the brexit scenario as now all the present policies and functioning of
eBay has to be as per the newly formulated rules.
Economic factors: there are several economic factors such as the present scenario of covid-19
has affected the functioning of retail sector organizations. There is decreasing personal
disposable income of people that is leading to difficulty in the process of having preferences
towards
Social factors: The out spread of covid 19 virus has lead to difficulty in the process of managing
the physical space in organizations (SilvaHassani and Madsen, 2019. E bay has launched
wearable technology aspects it is associated with the rise and consumer trends that are covered in
recent series. The growing demand and market for wearable technology is attracting attention of
many different brands.