Shoppers appear poised to boost their holiday spending in 2021, with 24% saying they will spend more this year, a figure that reaches 55% for those hosting holiday gatherings. But the uncertain economy could keep wallets tightly shut: 78% of consumers say they have increased saving behaviors, and 60% say they’re more budget-conscious.
Retailers can maximize their appeal to holiday shoppers with personalized offers and discounts as well as advice on where to find the best deals locally: 39% of consumers identified these as information they want to receive from advertisers.
Learn more about making the most of the holidays in this infographic from Vericast.
