Survey highlights include:

  • Discovery: When asked where they found a new brand or product, 60% say smartphones, compared to 30% in a retail store.
  • Method: 53% are purchasing digitally, with smartphone purchases leading in-store purchases 38% to 33% respectively. 63% plan to do most of their holiday shopping online this year. When it comes to Black Friday, 40% say they’re only interested in the shopping event if they can shop online.
  • Reasons for Purchase: 47% say it was a brand’s competitive prices that were important to them, followed by fast, free shipping motivating 30% of shoppers. A majority 61% of consumers admit to adding products to their shopping cart to hit a free shipping minimum.
  • Timing: By the time Black Friday rolls around 58% will have already started their holiday shopping, some (20%) as early as August. Why? 34% just aren’t interested in Black Friday this year, at

    Article source: https://www.prnewswire.com/news-releases/will-black-friday-be-a-bust-yotpo-reveals-holiday-shopping-habits-of-homebound-consumers-in-the-us-and-uk-301174854.html

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