Although gift cards provide instant revenue to retailers, unredeemed cards mean missed opportunities. By encouraging redemptions, retailers can turn gift card holders into loyal consumers and drive additional sales. Foresight in 15 for Holiday Shopping 2024 ...
While most consumers started their holiday shopping in October or earlier, 40 percent of consumers this year say they intend to start holiday shopping in November, compared with 35 percent in 2022. Additionally, of the consumers who started their holiday shopping in mid-October, ...
Credit card shoppers$922 All shoppers$813 Gen Z is the least likely to use a credit card to pay for their holiday shopping, with 66% using a debit card and 63% paying with cash. Social media trends such asenvelope budgeting, as well as lack of access to credit, could play a role in...
Monica Toriello:It’s November. By now, about half of US consumers have already started their holiday shopping. That’s our topic for today: holiday shopping in 2023. Our two guests will talk about the findings from twoConsumerWise surveysthey conducted recently—one in September and the other...
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19% of all orders were influenced by AI between November first and the end of December, up from 17% in 2023. Retailers who invested in AI andagentsthis holiday season were able to reap even greater revenues during this critical shopping period through personalized promotions, recommendations, and...
The sway of social media over holiday shopping habits can’t be overstated. A significant 42% of shoppers are turning to social to find the perfect gift more this year compared to 2023. This is especially true for younger consumers, as 57% of Gen Z will use social more for gift inspirati...
A credit card Christmas: Shopping debt carries more risk this holiday season Thu, Oct 26th 2023 5 ways to reduce credit card debt ahead of the holiday shopping season Thu, Oct 12th 2023 More in Holiday Central Amazon's Prime Big Deal Days event is here. But are the prices really that go...
John Cardaris, Senior Product Marketing Manager, Salesforce Join us and learn about retail best practices that can help accelerate your business during the holiday rush! Our industry experts will explore the benefits, challenges, and opportunities with click and collect (also known as buy online, ...
NRF Chief Economist Jack Kleinhenz WASHINGTON – Every retail holiday season since the pandemic has been unique, and that will be the case again this year, National Retail Federation Chief Economist Jack Kleinhenz said today. “The last few holiday shopping seasons have been filled with u...