Self-Gifting And Gift Cards To Power Post-Christmas Sales - Forbes

Dec 30, 2021 · With many delays to couriers and the postal service, it's not surprising that digital gift card sales were also up, accounting for 30% of gift card sales as opposed to 20% in 2020. …

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Self-Gifting And Gift Cards To Power Post-Christmas Sales - Forbes

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Consumers Plan To Spend Big This Holiday Season - Forbes

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Oct 30, 2024 · Self-gifting continues to rise, with 83% of shoppers planning to treat themselves this holiday season, up from 76% in 2023. While apparel and electronics continue to be top …

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‘To Me, With Love From Myself’ – Self-Gifting Trending This Season

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Dec 19, 2022 · The dollar amount spent on gifts for oneself increased this year. While most self-gifters are spending $100 or less, a greater percentage of consumers will spend between $100 …

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The 34 Best Last-Minute Christmas Gifts Of 2024 | Reviews By …

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Oct 22, 2024 · The fetching color combos make it gifty and hard to misplace. $25 from Amazon. $28 from REI. $28 from Owala. This 24-ounce insulated stainless steel water bottle has …

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The Forbes Holiday Guide To Gift Cards

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Nov 14, 2019 · These gift cards incur a $3.95 purchase fee per card. If you plan on buying 10 to send to family and friends for the holidays, that’s almost $40 in purchasing fees alone. You …

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Gift Cards: A Strategy For Retailers And Consumers - Forbes

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Feb 9, 2024 · Not only that, but 61% of consumers tend to spend over the value of their gift cards, averaging an additional $31.75, according to a Capital One Shopping Research study. …

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FAQs about Self-Gifting And Gift Cards To Power Post-Christmas Sales - Forbes Coupon?

What are the most popular self-gifting categories?

While apparel and electronics continue to be top categories, preferences vary by generation. Millennials are the biggest self-gifters, with nearly 90% planning to buy something for themselves, while older shoppers (60+) are more conservative, with one-third opting out of self-gifting altogether. ...

Are gift cards a golden opportunity for retailers to grow post-holiday sales?

These additional sales of gift cards are a golden opportunity for retailers to grow their post holiday sales, as 87% of gift card recipients said they are somewhat and very likely to spend more than the value of their gift cards on redemption. ...

How can retailers Target the self-gifting market?

Combining the trend towards gift cards with the desire of the customer to self purchase should enable retailers to look at the products and deals that they are offering and target them at the self gifting market specifically at this time of year. ...

Are gift cards a good gift for the holidays?

For gift givers, gift cards can make it easier to stay within budget at a time when prices are rising —and they may be a particularly welcome present for the 70% of US consumers who are cutting back on essentials in order to afford the holidays this year, according to Intuit QuickBooks data. ...

How can retailers position themselves for success during the holidays?

By tapping into these key trends, retailers can position themselves for success not just during the holidays but well into the future. From leveraging the surge in experiential spending to harnessing the allure of deal days, opportunities to differentiate retail brands extend beyond this festive season. ...

Where can I buy a gift card if I'm a member?

If you’re a member, warehouse stores like Sam’s Club, Costco and BJ’s Wholesale Club sometimes sell gift cards for as much as 25% off face value. For example, as of this writing Sam’s Club is offering a $250 Instacart gift card for $200, and you can score two $50 Spafinder gift cards for $80 at Costco. ...