Consumers to Spend Most During December Sales [Survey]
New Holiday Spending Survey from FatWallet.com reports consumers plan to spend the most money on gifts and food and more during December sales than on Black Friday or Cyber Monday deals this year.
BELOIT, Wis., Dec. 1, 2014 /PRNewswire/ -- FatWallet.com, where savvy online deal hunters share coupons and get cash back, today announced results from its 2014 Holiday Spending Survey (*TNS Global) and Infographic. Compared to last year, 63% said they plan to spend (overall) the same this holiday season, while 15% said more and 22% said less. They also said they plan to spend slightly more money during December sales than on Black Friday or Cyber Monday deals, and 77% will spend the same or more on holiday gifts, compared to last year.
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When asked which items they are most likely to "spend the most" money on during the holidays:
- 55% said Gifts
- 21% said Food
- 9% said Travel
- 4% said Entertaining
- 3% or less said Clothing (as a non-gift), Alcohol or Decorations
"Consumers now expect to get more for less and recognize the opportunities to save money when they spend it, especially on gifts," states Brent Shelton, FatWallet Shopping Expert. "Today's smart shoppers will look to add cash back and use online coupons to lower the price on the majority of their holiday purchases."
When asked which big sales event are you most likely to spend the most money on during the holidays:
- 24% said December Sales
- 23% said Black Friday
- 14% said Cyber Monday
- 9% said Early November Sales
- 6% said Free Shipping Day
Other survey results reveal 3 in 4 will spend the same or more on holiday events and on food and alcohol purchases, while 30% plan to spend less on apparel purchases that are not gifts (clothing, shoes and accessories) and 32% less on holiday travel. This survey is also viewable as a Holiday Spending INFOGRAPHIC.
About FatWallet: As the preferred online coupons and cash back shopping resource for millions of smart consumers, FatWallet.com works closely with 1,600+ retailers like Kohl's, Newegg, Walmart and Amazon to publish store discounts, coupon codes and Cash Back rewards to its members. The much celebrated FatWallet forums represent the pulse of an evolving online marketplace where smart consumers gather to share and learn. The FatWallet Deal Hunter app allows mobile shoppers to compare thousands of current deals on-the-go and the new FatWallet Express allows for quick cash back activation while shopping online.
*The national survey conducted online by TNS on behalf of FatWallet in OCT 2014 was fielded among 1,000 adults ages 18 or older. Contact [email protected] for additional data and comments
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/consumers-to-spend-most-during-december-sales-survey-300002323.html
SOURCE FatWallet.com
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