If you ever wanted to replace the term ‘holiday season,’ it could easily be called the ‘shopping season.’ You can’t have a celebration without spending on party essentials for New Year’s Eve, food and beverages for Thanksgiving, gifts, and attire for Halloween. Are we missing an event? Oh yes, the much-awaited arrival of Santa Claus during Christmas, for which you need to buy gifts, home décor items, and much more. All this can put a hole in the bank accounts of many Americans. So, let’s look at some of the economic behaviors and trends that shape consumer behavior during the Christmas season.
We’ll begin by discussing how important Christmas is to the people living in America.
According to the numbers, 90% of Americans in different states celebrate Christmas. This number stood at 96% in 2005, indicating there hasn’t been a significant decline in the number of people celebrating this occasion. Such high numbers make Christmas a major attraction for commercial activities during this season.
E-commerce platforms and startups have made it easier for shoppers to find their favorite products during the holidays.
There have been different patterns and preferences among customers on when they shop. Here’s what online surveys and other sources uncover.
According to Channel NewsAsia, Americans are holding back on spending too much on their Christmas shopping. One of the biggest reasons for this is the U.S. tariffs on imported goods.
Despite such a drop in sales, here are some of the common products and categories that shoppers buy.
Holiday shopping is as much about psychology as it is about spending. That’s why, reportedly, 79% of American shoppers are actively searching for holiday discounts.
This data shows that many holiday shoppers are conscious of prices and how much they spend. According to other numbers, more than half of the holiday shoppers search for coupons or deals online before making purchases.
From huge retail sales figures to nuanced shifts in shopping behavior, the statistics clearly show that Christmas remains a central economic driver in American life. While traditions shape the cultural backdrop, consumer behavior, supercharged by digital innovation, deal-seeking, and evolving holiday shopping trends, influences how, when, and what Americans buy during the holiday season.
As the holiday shopping landscape continues to evolve, understanding these statistics is essential for retailers, marketers, and consumers alike.
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