Black Friday weekend and Cyber Monday may have seen record-high sales
this year, but 36 percent of Americans who say they plan to give gifts
have yet do any holiday shopping at all, according to the latest
Consumer Reports Holiday Poll. Of those who have begun shopping, 42
percent are either three-quarters finished or finished completely (9
percent), while 58 percent said they were no more than halfway done.
The full results of the Consumer Reports Holiday Poll are available at ConsumerReports.org.
When
asked where they'd done their holiday shopping this year more Americans
said they had patronized mass merchandisers like Wal-Mart and Target
(55 percent) than shopped online for gifts (39 percent). Thirty-two
percent have shopped at department stores like Macy's, Bullocks, Sears,
and JCPenney, while 28 percent have shopped at retail chain stores like
Toys "R" Us, Best Buy, or Gap.
The Consumer Reports Holiday Poll
also revealed that while more Americans have shopped for holiday gifts
at mass merchandisers, bargains can be found online: 28 percent who
have shopped at more than one type of retailer said they're finding the
best deals online, on par with the 26 percent who found their best deals
at mass merchandisers. Only 14 percent of shoppers said department
stores have the best deals.
"Our poll revealed that Americans
have plenty of shopping left to do and are generally enjoying the
holiday season so far," said Tod Marks, Consumer Reports senior editor
and resident shopping expert. "However, they are also watching their
dollars very closely and just as in years past, they're looking for
bargains."
Americans plan to spend a median of $483 on gifts this
holiday season, according to the Consumer Reports Holiday Poll. But
when asked if they were concerned about limiting their expenses, 81
percent of Americans said they were at least somewhat concerned,
including 30 percent who are very concerned. The following is a list of
things they said they plan to do differently this holiday season to save
money:
Give less expensive gifts (55 percent)
Be more active in seeking out sales and discount coupons (46 percent)
Give gifts to fewer people (38 percent)
Agree on more limited gift-giving arrangements within family or group
of friends (e.g., Secret Santa, gift exchange) (29 percent)
Limit online shopping to websites that offer free shipping (23 percent)
Give homemade or other creative gifts instead of store-bought gifts (21 percent)
Limit or cut down on holiday travel (19 percent)
Send holiday cards to fewer people (16 percent)
When
it comes to deciding what gifts to give, 65 percent of Americans said
they simply buy what the person they're shopping for requested.
Four-in-ten rely on advice from friends or family, while one in five get
ideas from ads or commercials, and the same proportion consult customer
or user reviews or ratings. Only 5 percent of holiday shoppers get
their gift ideas from salespeople.
Newspapers are a leading
source of information on the best holiday shopping deals, used by 43
percent of Americans, the Consumer Reports Holiday Poll found.
Promotional flyers or circulars (38 percent), TV or radio ads (36
percent), email promotions (29 percent), and deal or coupon websites,
such as Groupon (15 percent), were other popular sources. Only 13
percent said they used or plan to use the social media channels
Facebook, Pinterest, and Twitter for information on shopping deals this
holiday season.
Consumer Reports Poll Methodology
The
Consumer Reports National Research Center designed a survey to explore
general sentiment and shopping behaviors for the upcoming 2012 winter
holiday season. In November 2012, GfK Custom Research administered the
survey online to a nationally representative sample of over 1,100
randomly selected adult U.S. residents. The data were statistically
weighted so that respondents in the survey were demographically and
geographically representative of the U.S. population. The margin of
error is +/- 3.8% points at the 95% confidence level. Fifty-four percent
of the sample was female, and the median age was 47 years old.
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