Holiday Shopping Report 2024 | Simon-Kucher

Drawing from 1,000 US consumers and 200 retail leaders, this report explores budgeting, gift categories, digital shopping trends, and even the impact of major economic influences on …

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Holiday Report: Shoppers Expected To Choose Experiences Over Gifts

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Nov 20, 2023 · As a result, 37.5% said they are leveraging new methods to enhance their customers’ holiday shopping experiences, such as new in-store customer services or loyalty …

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Unwrapping 2024 Holiday Surveys And Seasonal Insights: Key …

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Nov 17, 2024 · Shopping Habits: Theatro Holiday Shopping Report. ... According to Deloitte, spending on experiences is expected to increase 16% this year, while gifts spending is …

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Most Holiday Shoppers Will Buy A Gift For Themselves This Year

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Sep 27, 2024 · Shoppers expect to spend $1,261 on gifts, holiday food, decor and experiences this year, up 31.7% from last year, according to the report. Nearly half (46%) of the budget will …

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Only 16% Of Holiday Shoppers Plan To Spend More This Season

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Dec 12, 2024 · Participants in the CNBC All-America Economic Survey say that prices for holiday gifts are higher this year than last. That may be affecting spending patterns.

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Americans Plan To Spend Less On Holiday Gifts Amid

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Dec 18, 2024 · A survey by BMO found that while the average American expects to spend $550 on gifts, a third of respondents didn’t expect their holiday budgets to stretch as far as in the …

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U.S. Consumers Increased Holiday Spending This Year Even As They …

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Dec 26, 2024 · The group expects that shoppers will have made $979.5 billion to $989 billion worth of purchases in November and December, which would represent a 2.5%-3.5% increase …

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FAQs about Holiday Shopping Report 2024 | Simon-Kucher Coupon?

Are consumers prioritizing decorations and experiences over gifts this holiday season?

Consumers are prioritizing decorations and experiences over gifts this holiday season, according to an annual holiday spending survey by consulting firm Deloitte. Shoppers at a shopping plaza in Walnut Creek, Calif., on Monday, Dec. 16. David Paul Morris / Bloomberg via Getty Images ...

What are the top trends for 2024 holiday shopping & gifting?

Here are the top trends for 2024 holiday shopping and gifting: Savvier shopping. After years of economic uncertainty and holiday spending fatigue, consumers are itching for a less stressful holiday shopping season—particularly after what is expected to be an eventful and potentially exhausting election cycle. But there are still roadblocks. ...

Why is shopping more eco-friendly this holiday season?

Sustainability and transparency. The demand for more sustainable products and gifts is likely to continue this holiday shopping season as consumers are increasingly drawn to brands with clear environmental practices; CapitalOne Shopping Research found that 89% of consumers have changed their shopping habits to be more eco-friendly. ...

What motivates people to shop this holiday season?

A recent Holiday Branded Pay Study conducted on behalf of BHN found that the top holiday shopping motivator is the announcement of sales and promotions, and nearly half of respondents plan to change their shopping behavior this holiday season to get the most value out of their spending—nearly a 10% increase from last year. ...

Are consumers favoring experiences over goods?

Our ConsumerSignals data has shown over the last year and a half that consumers surveyed are favoring experiences over goods. The trend is coming through with holiday shoppers as well, as spending on experiences is expected to increase 16% this year. That’s just one part of the story, however. ...

What does it mean for retailers to be optimistic this holiday season?

What it means for retailers Retail executives surveyed echoed consumer optimism, with 80% expecting sales growth this holiday season aided by anticipated traffic growth in both in-store and online channels. ...