Pandemic Period Prompts a More Mindful and Experience-Focused 2021 Holiday Shopping Season

SAN FRANCISCO, Sept. 14, 2021 /PRNewswire/ — Sitecore®, the global leader in digital experience management software, today released its Holiday Shopping Trends 2021 report exploring how consumers worldwide intend to recuperate, reflect and experience the holiday this season. More than half (53%) of consumers surveyed plan to make bigger and more mindful holiday purchases this year, fueled in part by the fact that 50% of consumers say they have more savings set aside for the holidays this year compared to last year. Americans are also valuing their mental health following a rough pandemic year, and 43% see self-gifting as a form of therapy.

Sitecore’s Holiday Shopping Trends 2021 report surfaces insights from consumers around how they’re feeling this holiday season, and their thoughts on gift giving, holiday shopping, and spending. The data arms marketers in categories like retail, travel, automotive, and others with the intelligence they need to deliver

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More Brits prefer online shopping since pandemic

A man looks at his phone next to a shut down store, amid the outbreak of the coronavirus disease (COVID-19), in London, Britain October 13, 2020. REUTERS/Simon Dawson

LONDON, Sept 17 (Reuters) – About 70% of Britons say buying online and on mobile phones have become their preferred shopping methods, up from less than half prior to the coronavirus pandemic, according to a study by personal finance startup Credit Karma.

The study, which has not been previously reported, surveyed 1,034 adults in the UK in July to gauge how digital spending and banking habits have changed since COVID-19 restrictions began.

More than half of respondents said their online shopping had increased since the pandemic’s start, and of those, more than a third said their finances had taken a hit as a consequence.

“Healthy consumer spending, online or otherwise, is generally a sign of a healthy economy, which can be great

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Is the Pandemic E-Commerce Boom Over? | The Week Ahead, BoF Professional

Peak Online Shopping

  • Several fashion e-commerce companies report financial results this week, including Poshmark and ThredUp

  • Last week, Amazon reported lower-than-expected quarterly revenue, a sign that the rapid growth in online shopping during the pandemic may be slowing

  • E-commerce made up 13.6 percent of US retail spending in the first quarter, up from 10.2 percent in the same period in 2019

The sudden shift of billions of dollars in spending online was arguably the biggest fashion trend of the pandemic. Consumers grew more comfortable with buying clothes online while stores were closed, and many showed little inclination to return to old habits once they reopened. A host of e-commerce start-ups, including the resale platforms Poshmark and ThredUp, seized the moment to go public. But Amazon’s disappointing revenue figures last week may signal an end to the boom times is here. Executives there acknowledged a link between the end of lockdown

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Pandemic Drove Online Prices Higher -Report | Investing News

WASHINGTON (Reuters) – The rush to online shopping during the pandemic drove prices higher for goods ordered over the internet, eroding a long-standing cost advantage and possible evidence that overall inflation may become more persistent than thought, according to a new report from tech giant Adobe.

The study, analyzing a trillion retail site visits across 18 product categories matched to the closely watched U.S. Consumer Price Index that measures general inflation, found that online prices jumped 2.3% in June on an annual basis.

Graphic: Cost of digital goods turns up: https://graphics.reuters.com/USA-ECONOMY/PRICES/lgpdwmjlnvo/chart.png

They had fallen an average 3.9% annually from 2014 to 2019 and began turning higher last year.

For consumers, online shopping “has been a bit of a haven. They can get different pricing,” said Vivek Pandya, lead analyst for Adobe Digital Insights. “Through the pandemic what we have seen is that is not so much the case.”

The online

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