Sunday, November 17, 2019
Survey This American city is where shoppers will spend the most on holiday purchases
Survey This American city is where shoppers will spend the most on holiday purchases Survey This American city is where shoppers will spend the most on holiday purchases I know, I know, itâs only October 1! But itâs never too early to start planning your holiday budget.New data from Accenture shows that New York is the city where American shoppers will dole out the most cash for holiday shopping, at an average of $754. Compare this to the national average of $658 this year, and youâll see a pretty drastic difference.The data also shows that 53% of American shoppers say theyâll be throwing parties on Thanksgiving Day, and 54% say they plan to do the same on Christmas. Furthermore, while 49% say theyâll be getting their âholiday groceriesâ at the store, 41% say theyâd prefer them to be delivered.Coleman Parkes Research polled 500 shoppers living in seventeen American cities, specifically: âLos Angeles, San Francisco, Seattle, Chicago, Detroit, Minneapolis, Columbus (Ohio), St. Louis, Boston, New York, Philadelphia, Atlanta, Washington D.C., Miami, Austin (Texas), Dallas, Houston.â Another part of the research was based on response s from 1,500 American shoppers.How much Americans spend on holiday shopping in different citiesHereâs how much money people spend in different cities, on average: Seattle: $628 San Francisco: $679 Los Angeles: $655 Minneapolis: $617 Chicago: $668 St. Louis: $687 Detroit: $644 Columbus: $661 Houston: $682 Dallas: $677 Austin: $657 Boston: $699 New York: $754 Philadelphia: $712 Washington: $727 Atlanta: $649 Miami: $719 The city of Houston has the biggest percentage of younger Millennials (between 21 and 27) who think âretailers have a responsibility and duty toward addressing wider social and political issues with regards to diversityâ at 64%.St. Louis has the biggest percentage of younger Millennials who have a bigger chance âto shop at a retailer that demonstrates awareness of such issuesâ at 68%. This city also has the most âyoung Millennialsâ who like to get involved âwith retailers that reflect their values,â at 65%.Lastly, 79% of younger Millennials in San Francisco said that price is the most crucial aspect of shopping, the most out of any city.Jill Standish, senior managing director and head of Accentureâs Retail practice, commented on the research in a statement.âOur research suggests that the Millennial generation has high expectations when it comes to retailersâ commitment to inclusion and diversity, and those values are influencing their decision-making in choosin g one brand over another. ⦠National and multinational retailers serve diverse customer bases, so they need to position the brand accordingly â" its messaging as well as its product selection. That will require not just more local decision-making, but also assistance from analytics tools that enable retailers to build a granular picture of their customers.âHereâs how Americans plan to get their holiday shopping doneThe data also shows the technology people Americans use to buy items: while 14% of shoppers surveyed within the group of 1,500 say theyâre âalready usingâ the Amazon Echo to purchase things, 53% said they âwould definitely useâ or are âwilling to try it.â When it comes to the Google Home, 11% fall in the former category, while 52% fall in the latter. But as far as cryptocurrency is concerned, 5% are in the former, and 35% are in the latter.Hereâs more data on how people in this group plan to get their holiday shopping done: âcatalogue:â 10% âsocial media:â 15% âmobile:â 23% âonline:â 70% âin store:â 76%
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