Gartner Marketing Survey Finds Nearly One-Third of Consumers are Planning to Spend Less This Holiday Season

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Gartner Marketing Survey Finds Nearly One-Third of Consumers are Planning to Spend Less This Holiday Season
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According to Gartner, 28% of consumers are planning to spend less this holiday season. When it comes to gift inspiration, shoppers are turning to search first over online reviews or brand communications. Read more here. GartnerMKTG marketing

. “This hesitancy around budgets, coupled with new timing from consumers regarding their holiday shopping, will challenge marketers to have an always-on approach that will stress the need for omnichannel adoption.”

When it comes to what specifically consumers are shopping for, holiday shoppers identified gift cards as their top category for gifts, followed by apparel and accessories, toys and games and food and beverage. Over 75% of holiday shoppers expect to see fewer, or the same amount, of discounts as last year’s holiday season.

"The channels through which gift givers can seek inspiration are proliferating, but consumers still trust their friends, family and search to guide them,” said Socha.Marketers Must Eliminate Omnichannel Friction to Tie Digital to In-Store

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