To emerge profitable this holiday sales season, retailers need to keep up with shoppers’ evolving expectations and trends.Yet, finding what shoppers want can be a challenge. So to shed light on the latest holiday shopping stats, we’ve compiled the top most-famous holidays across the globe and their statistics. This will help keep retailers abreast with shoppers’ preferences in 2022 and enhance their holiday sales campaigns.
The global eCommerce landscape is evolving rapidly as holiday sales in November and December rose 5% YOY worldwide to $1.14 trillion in 2021. Additionally, there was an 18% shopping surge worldwide during the two weeks leading up to Christmas. These numbers reveal what interests shoppers the most and how the eCommerce landscape is evolving. Thus, here are 28+ more such statistics that retailers should take into account when designing sales campaigns to meet growing customer demands, and boost sales.
Thanksgiving is one of the biggest shopping festivals in the U.S. and Canada and the latest statistics reveal that:
Halloween is one of the busiest shopping events besides Christmas, Easter, and Thanksgiving. Trick-or-treating, and buying candies, and dressing up as one's favorite avatar are some of the most favorite things people enjoy every halloween. Moreover, just last year it was predicted that in the U.S.:
Finally, shoppers made 34% of all purchases through eCommerce stores.
This day honors fatherhood and parental bond and their contribution to the society. A survey in the U.S. showed that 54% of men and 45% of women plan to buy gifts for their Fathers. Furthermore:
This day cherishes motherhood and maternal bond and honors their vital role in their children’s lives. For retailers, Mother’s Day is one of the busiest shopping holidays of the year as statistics from the U.S. show that in 2022:
February 14th is globally known as the day of love. People express their love for one another with gifts and greetings. Studies show that, the week is particularly lucrative for retailers in the U.S:
Easter, a Christian holiday, brings yet another opportunity for retailers to increase sales and boost brand awareness. Eggs, chocolates, and easter bunnies are a few things loved by people on this day.
Amazon's Prime Day is one of the most popular and much-awaited shopping events. Shoppers enjoy shopping during this sales frenzy and it’s noted that:
Click Frenzy is a centralized platform where retailers can not only participate and grow their sales but also capture a new set of customers. Retailers participating in Click Frenzy relished an average revenue uplift of 177% and 169% in the first two days of Click Frenzy Mayhem.Finally, the Click Frenzy event boasted 1.9 million visits in one of its events.
Known as the “race that stops the nation,” Melbourne cup is a notable horse race where Aussies splurge on hats, accessories, and more. Studies show that females are likely to celebrate by adorning fancy hats. And, 60% of Australians planned on participating in Melbourne cup activities. This makes the Melbourne Cup a lucrative opportunity for retailers.
Relaxing on the sofa on a Sunday and shopping online is real in Australia! It's also an ideal time for retailers to present great deals and offer and differentiate themselves from their competitors. A study shows that:
So whether retailers are aiming to boost sales on Sofa Sunday or Cyber Monday, displaying offers and deals in advance will only increase their chances of being in shoppers’ good books!
Numbers speak for themselves when it comes to Black Friday and Cyber Monday. Being two of the most famous holiday seasons, shoppers expect brands to spoil them with exceptional deals and discounts. According to stats:
The end of the financial year in Australia is celebrated as business owners wrap up their books for the year. It’s also a time when retailers try to sell old stock and offer a slashed price on the same.
Afterpay day is yet another incredible addition to the list. This 4-day sales extravaganza not only offers significant offers on high-end luxury products but also allows shoppers to buy now and pay later, attracting a lot of interest. Stats show that:
Diwali is a festival of light that cherishes the triumph of light over darkness.This religious Indian festival has quickly made its mark across the globe. People shop for sweets, gold, and other festive-related products to make this day special. Studies show that:
The date 11.11 cherishes singles and is often known as anti-valentines day. People shop gifts for their friends and families but, most importantly—themselves. In 2021 alone, Alibaba’s sales soared to $139 billion of sales on China’s Singles Day. Thus this shopping event is as important as any other on this list, and retailers must make the most out of it.
Furthermore, toys, apparel, and gift cards were shoppers' top 3 most popular Christmas gifts.
Last but not least, back-to-school season is an essential sales season for retailers. Shoppers don’t compromise on shopping on this occasion as back-to-school products are essentials. Thus, retailers offering back to school deals will make the most out of this season.It’s expected that in 2022, the total expected spending will be $36.9 billion and $864 per household in the U.S..Observation and ConclusionSome of the highlights and emerging trends noticed are:
These holiday statistics mirror the holiday eCommerce landscape, giving retailers a realistic idea of shopper’s expectations and trends. Thus, it’s vital that retailers plan in advance, optimize their website stores, and make the most out of this holiday season. While plenty of automation and marketing platforms enable retailers to automate their processes, Tagalys helps online retailers merchandise their online stores to arrange holiday collections effectively, delight customers, and drive more engagement. To know more about Tagalys, reach out to our sales team today.
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