News by Topic
- Search Marketing
- Email Marketing
- Loyalty Marketing
- Mobile Marketing
- Social Marketing
- Viral Marketing
- Trends & Ideas
- Internet Marketing 101
66 million Americans have yet to begin holiday shopping
If you thought that most Americans had completed their holiday shopping during the Black Friday weekend, you'd be wrong. Results from The Consumer Reports Holiday Poll are out and they reveal that 66 million American consumers are yet to begin their holiday shopping.
More than a third (36%) of Americans has yet to begin shopping for holiday gifts, according to Consumer Reports. In fact, at the time of the report with just 3 weeks until Christmas Day, most had more than half of their shopping left to do. And that's despite two-thirds of holiday shoppers being active online or in-store during the Black Friday weekend.
Of those who have begun shopping, more than half (58%) said they had no more than half completed.
According to Consumer Reports, it isn't that shoppers can't decide which purchases to make, it's largely because they are reluctant to part with their hard-earned cash. Eight out of ten (81%) said they are at least somewhat concerned with how much they will spend this holiday season. Of those, 31% said they were very concerned about their spending.
Consumer Reports asked American consumers how they intend to address their spending concerns:
55% said that they will be purchasing less expensive gifts;
46% said that they will be on the look-out for sales and coupons;
38% intend cutting down the number of people on their gift list;
29% have agreed to gift exchanges with family or friends;
23% said they will buy online only when free shipping is available;
21% will make gifts instead of spending money at stores;
19% will limit traveling during the holidays;
16% intend to send greetings cards to less people.
"Despite the concerns, most Americans are reveling in the season. Sixty-four percent of respondents said they are enjoying or "really" enjoying the holidays," writes Tod Marks, Consumer Reports senior editor, in a news release. "Many people said they'd prefer to travel less to holiday destinations, go to fewer parties, spend more time with family and friends, and set aside a little more "me" time to relax."
- Brands: How to ensure rogue apps aren't damaging to you
- Top tips to drive purchases
- Brands: How to protect yourself in the app space
- 25% of smartphone owners have used mobile wallet technology at least once
- Forge relationships with consumers with gamification marketing techniques
- 50% of teens bored of Facebook as the social network loses its 'cool' factor
- Studies ID social trends for the holiday season
- Experts: Use the Hunger Games strategy to avoid spam folders
Featured White Papers
- 4 Simple Strategies to Find Time for Creative Work
As marketers, we know our best work is fueled by time to think, brainstorm and explore different directions. But in...
- 2014 Top Insights for Marketing Executives
Winning consumers over today requires building new capabilities that make brands more agile and provides deeper, more intimate knowledge of...
- 6 Common Marketing Problems and How to Beat Them
Feeling tired, frustrated, and overwhelmed with work chaos? Get the Winning at the Game of Marketing eBook and get control....
- Social & The DMP: Understanding Data-Driven Social Media Marketing
Learn how top marketers improved their Social Media Marketing....