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Consumers Plan Early Start to the Holiday Shopping Season

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National holiday shopping survey shows unexpected trends for 2013

The 2013 holiday shopping season is underway, with ICSC survey results showing some unexpected trends. As in most years, the top shopping day of the year is expected to be Black Friday. However, Cyber Monday will follow close behind across most demographic groups, overtaking Super Saturday as the second busiest holiday shopping day of the year.

Procrastinating is out this year with most consumers (62%) planning to finish their gift buying on or before December 16. Stores are likely to accommodate this trend and consumers should plan to make popular gift purchases early this holiday shopping season.

"Procrastinating is out this year with most consumers (62%) planning to finish their gift buying on or before December 16."

The hottest gift category this year is expected to be toys and games followed closely by consumer electronics. Gifts receiving the most specific mentions include smart phones, tablets, game consoles, digital cameras and televisions.

Other key findings include:

  • 37% of women list "seasonal discounts" as their top motivating factor while only 20% cite "gift practicality." Men were more evenly divided between "seasonal discounts" (30%) and "gift practicality" (27%) as the driving factor influencing their holiday shopping.
  • Men are more likely to shop for consumer electronics this year while women intend to buy games and toys.
  • Respondents aged 18-34 are significantly more likely to shop for consumer electronics this holiday season than any other age group surveyed.
  • Approximately one-third of respondents from households with a combined annual income of $100,000 or more are expected to shop on Cyber Monday vs. Black Friday. The opposite is true for respondents from households with a combined annual income of less than $35,000.
  • Respondents from lower income households are more driven to find the perfect gift for their loved ones this year, with 40% of respondents in the $35,000-and-under income category saying that "finding the perfect gift" is the factor most.
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