COVID-19 has changed how we live and technology is used more widely now than ever. With people spending most of their time inside, the holiday season is going to look a bit different this year. More people than ever will be shopping online from the comfort and safety of their homes. To understand how shopping patterns will change this year, Facebook has provided an insight guide to help you plan for the unprecedented holiday season ahead.
Insight #1: Generation Xers and Baby Boomers Dominate Global Mobile and Ecommerce Growth
Of those surveyed, 44% of Generation Xers and 30% of Baby Boomers said they are spending more time shopping online. This trend will continue, with 43% of people saying they plan to continue shopping online more frequently even after the pandemic is contained.
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Insight #2: Self-Gifting and Seasonal Shopping Can Be Positive Outlets in Difficult Times
An astonishing 74% of the global shoppers surveyed are researching gifts for themselves and 78% are researching gifts for others. Affordable luxuries and rewards can help people stay positive in trying times. It’s your job to answer the question: What can they afford right now?
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Insight #3: Imposed Disruption Fuels Receptiveness to New Products and Services
In this new normal, people are more amenable to trying new products and services. The holidays have always been a time where people are open to trying new things, but this year the willingness to step outside of their comfort zone is even more prominent.
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Insight #4: The Economic Downturn Will Expedite the Rise of Mega Sales
With COVID-19 impacting the finances of many, people will be waiting for big sale days to purchase products. Mega sale days like Black Friday and Cyber Monday will be incredibly important days to take advantage of this year.
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Insight #5: The New Value Equation — Affordability, Authenticity, and Action
Social responsibility and brand authenticity are more influential than ever. People want to support the businesses they care about. How well a brand responds to the pandemic will make a huge impact on shopping decisions from consumers.
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Just because we can’t be physically together with our extended families, doesn’t mean the holiday season isn’t a magical time. Use these insights to create ads that help spread the magic and grow your sales at the same time. By doing both, you double your chances for the happiest of holidays!
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