When and what consumers will be buying this holiday season
It wouldn’t surprise anyone to know that the recession has changed the way consumers think about spending, but the question on your minds right now is likely, “How will it affect my holiday sales in 2009?”
To help answer that question, Yahoo! worked with Decipher, Inc. to create the “12 Weeks of Christmas” Consumer Survey. The survey, conducted in October, polled 2587 online Americans . They told us when they’re planning to shop, what they plan to purchase across retail categories, where they plan to purchase, and what offers/promotions people are likely to take advantage of this holiday season. We’re broken it down a bit, to bring you the highlights:
Fears affect shopping
The majority of people polled (76%) said they were worried about the rising cost of basics such as gas, food and services. More than half (55%) said they felt the government isn’t doing enough to fix the economy and 52% of people polled said they that they were worried that the US won’t be able to get out of the recession. Almost half of people polled (48%) said they’re worried that something will happen to their income and they won’t be able to support their families. So clearly the economy is weighs on consumers’ minds.