Five Things Consumers Told Us About Their 2023 Holiday

Nearly two-thirds of consumers expect to spend the same or more than they did in 2022. … More consumers will opt to shop in-store than last year. After the pandemic put a damper on … Shoppers will seek out deals, sales events, and values-based retailers. One-quarter of US … Almost half of US online adults expect to purchase gift cards. Gift cards topped the list in … Clothing, electronics, and children’s gifts will be the most purchased product categories. … See full list on forrester.com

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12 Shopping Trends To Expect This Holiday Season In US

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Oct 9, 2023 · 57% of US consumers will make a purchase during holiday shopping season in 2023 if they are getting a big discount. Low prices (42%), fear of missing out (41%), liking the …

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HERE’S WHAT HOLIDAY SHOPPERS ACTUALLY DID IN 2023

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Overall consumer spending for the holidays in 2023 is predicted to be $957.3 to $966.6 billion, according to the National Retail Federation – a 3 to 4% increase over 2022. To capture their …

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Retail Trends That Shaped The Holidays In 2023

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Jan 2, 2024 · Additionally, a Shopify-Gallup Holiday Shopping Pulse survey of 1,888 consumers from this month found 49% of U.S. shoppers said they planned to most of their holiday …

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2023 Holiday Preview: What Shoppers Are Telling Us About Their …

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Shoppers expect holiday spending to be impacted by inflation but are willing to splurge. Based on the top-two results on a seven-point scale, 45% of shoppers said that inflation will very much …

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How Holiday Trends Could Influence Shopping In 2025

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Dec 18, 2024 · According to a 2024 survey by Akeneo, a product information management consulting company, 50% of U.S. consumers and 59% of millennials are willing to pay a …

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FAQs about Five Things Consumers Told Us About Their 2023 Holiday Coupon?

What does last year's holiday season data tell us about 2023?

Retail and e-commerce analyst Claire Tassin examines what last year’s holiday season data tells us about what’s to come in 2023 Last year, inflation hit holiday shoppers hard, with 19% saying they went over their budget for the 2022 holiday season. ...

Will holiday shoppers feel a financial pinch in 2023?

Last year, inflation hit holiday shoppers hard, with 19% saying they went over their budget for the 2022 holiday season. This year, consumers will continue to spend, but savings are dwindling and debts are growing; we expect more shoppers to feel the financial pinch as the 2023 holiday season draws nearer. ...

Why do people want to travel in 2023?

Passport issuance set a record in 2023, showing that people want to travel more now than ever, and recent consumer surveys have shown that travel intentions over the next six months remain stable. Furthermore, the need to get away isn't just for high-income flyers. ...

How does economic uncertainty affect holiday shopping?

When retailers were building out their holiday shopping strategies around this time last year, shoppers were fighting inflated grocery bills and decades-high gas prices. A year later, while things have improved, economic uncertainty is still dominating media coverage and impacting shoppers’ wallets. ...

What happens if you overuse holiday shopping?

Continued overuse of the phrase will dilute its importance. Nearly 1 in 5 consumers went over their holiday shopping budget in 2022, with that figure rising to 27% for financially anxious consumers. Some shoppers eventually accepted inflated prices and spent more than they planned. So how did they afford all that shopping? ...

What are the key holiday shopping trends?

Here’s a closer look at key holiday-shopping trends: 1. Inflated Shopping Budgets Only 25% of shoppers have a larger holiday shopping budget than last year (compared to 27% who are set to spend less). The top reason for higher spending was inflation, followed by simply buying more gifts. ...