Tuesday, October 18, 2011

2011 Holiday Shopping Season

A new survey by Offers.com found that, given the state of the economy, 87% of respondents are planning to spend the same or less during the upcoming holiday season than they did in 2010. The survey also found that almost half of consumers have been looking for deals throughout the year when shopping for those on their holiday gift list, while just 18% are planning to wait to shop on Black Friday or Cyber Monday. Only 48% plan to look for online coupons or coupon codes to stretch their holiday spending dollars before making a purchase. Other highlights:

  • 52% of respondents spend more than an hour researching the best price for each holiday purchase, while 7% spend more than 6 hours.
  • 27% have been keeping their eye on online specials and daily deals, and 50% turn to newspaper or magazine coupons for savings.
  • 69% of holiday shoppers would prefer to shop in a retail store rather than online if the merchandise and deals were the same, while 47% said they would shop online if the deals were better than in stores.