Quantcast Data Insights Holiday Insights 2019 Retail Trends and 2020 Buyer Predictions
Examining shifts in key tech categories
While the 2020 holiday season will be like no other, retail buying behavior during the pandemic is showing that consumers are still purchasing. It’s now more important than ever for retailers to understand and quickly adapt to evolving shifts in online consumer behavior.
Quantcast analyzed thousands of purchases across key retail categories in the US to better understand 2019 holiday shopping trends, as well as shifts in shopper audience profiles in the time of COVID-19.
We have provided insights and actionable strategies across the following holiday retail categories:
- Fashion, Jewelry & Beauty
- Toys & Children’s Gifts
- Consumer Electronics
- Food & Drink
Food & Drink Last Minute Basket Buyers
Looking at food & drink gift purchases of wine, tea, candy and gourmet food, we see a 1.5X surge from Dec 3-17. This falls later in the calendar than other retail purchases, showing that this category is part of the last minute shopper mindset.
Connecting with last minute shoppers: These gifters are not only looking for something thoughtful, but also something that arrives within the holiday window. Pair product benefits messaging with information on shipping times to capture customers worried about their gifts arriving on time.