PriceGrabber.com's annual Holiday Forecast Consumer Behavior Report reveals that 53 percent of consumers polled are taking coworkers off of their gift lists, and 36 percent anticipate holiday spending of between $100 and $499. The majority of online shoppers (70%) expect to spend less than $1,000 and 30% of consumers anticipate spending more than $1,000 this holiday season.
Survey data from PriceGrabber.com, a comparison shopping site, reveals that 70 percent of consumers are doing more research and comparison-shopping online, compared with 38 percent last year. Consumers are also crossing acquaintances (57 percent) off their gift lists. Other findings from the PriceGrabber.com survey of 2,018 online consumers reveal that 53 percent of consumers plan to spend less; 22 percent start their holiday shopping in October; and 50 percent shop at discount or outlet stores, compared to 43 percent last year.
PriceGrabber.com's Holiday Forecast Consumer Behavior Report is available online.
You may quote up to 50 words of any article on the condition that you attribute the article to
EcommerceBytes.com and either link to the original article or to www.EcommerceBytes.com. All other use is prohibited.
Have a question about buying or selling online? Want to get marketing or technical advice? AuctionBytes Discussion Forums are the place to come to get answers to your questions and get advice! Great tips - a refreshing change!
PriceGrabber.com's annual Holiday Forecast Consumer Behavior Report reveals that 53 percent of consumers polled are taking coworkers off of their gift lists, and 36 percent anticipate holiday spending of between $100 and $499. The majority of online shoppers (70%) expect to spend less than $1,000 and 30% of consumers anticipate spending more than $1,000 this holiday season.