·
36% of shoppers went over budget on Black Friday and
Cyber Monday
·
86% of shoppers return to the high street
·
Parcel locker collections rise in popularity
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96% of consumers rely on
social media to search and buy goods
·
Online checkout problems
persist with 70% abandoning purchases
Applause, a provider of testing and
digital quality solutions, today announced the results of its fifth annual
survey on festive shopping trends. The survey found that despite concerns about
inflation and finances, 30% of UK and European consumers plan to spend more
this year — although 76% plan to change their spending habits by paying more
attention to sales and discounts. While 45% prefer to shop with affordable
brands, more than a quarter (27%) have opted to buy more secondhand products,
all of which is indicative of changing consumer shopping habits.
The survey was distributed in two parts, before and after
the Black Friday and Cyber Monday weekend. The most recent data found that 37%
of shoppers stuck to their budgets over the Black Friday and Cyber Monday
sales, while another 36% spent more than they had intended. Many opted for
alternative shopping methods such as ‘click and collect’ and the parcel locker
services provided by the likes of Amazon, Evri and Royal Mail. 48% of shoppers
used click and collect to pick up their goods, while another 41% used a local
locker service.
Regardless, shoppers haven’t abandoned the high street
with an overwhelming 86% stating they plan to shop in bricks and mortar stores
over the festive season. Equally, 91% also plan to shop online, with 54%
preferring to use a smartphone or tablet as opposed to 45% who prefer to use a
laptop. Smart speakers continue to lag behind, with only 4% saying they would
use a voice activated device for shopping.
The influence of social media sites, like TikTok and
Instagram, on consumer behaviour cannot be ignored. Only 10% said social media
never influences their shopping, with 59% stating that social media often or
sometimes influences their festive shopping. More than half (52%) use social
media sites to research sales on specific items or brands, while 44% buy items
they see advertised on social media.
With so many options available, retailers can’t afford to
be complacent, especially when shoppers will not tolerate a poor checkout
experience. The majority of shoppers (70%) will abandon shopping carts after a
maximum of two purchase attempts, and only another 17% will try a third time.
Also, despite the growing popularity of omnichannel methods (e.g. click and
collect and parcel lockers) 38% would leave a brand due to poor omnichannel
shopping experiences.
“If one thing is clear from this year’s survey, it’s that
continuing financial pressures mean consumers are less tolerant than ever of
poor checkout experiences. With more than half of consumers only reattempting a
failed payment twice before abandoning a purchase, transaction errors are
something brands cannot afford,” said Luke Damian, Chief Growth Officer at
Applause. “As omnichannel offerings and payment methods continue to diversify,
brands need to rethink their testing strategy to account for increasingly
complex customer journeys to avoid losing customers this holiday season.”
The survey was distributed in two parts, first in November 2024 on general holiday shopping plans and experiences,
and second in December 2024 regarding respondents’ actual shopping experiences
between Black Friday and Cyber Monday. Over 7,200 respondents from the
Americas, EMEA and APAC took part in the survey.