Why Will Online Shopping Be Important During The Holiday Season?
Traditionally, the December holiday season is the most important part of the year for many businesses, especially those in the retail sector. But so far, the forecast is not that optimistic for this year's earnings. High gasoline prices, high cost of living, and low consumer confidence are expected to dampen holiday shopping plans for many.
But that's not entirely true for everyone. You can expect online shopping to be bigger than ever. Why? Let me outline a few reasons why online retail sites like Amazon, right down to small home operations, will rack up money over the next few weeks.
1. Very few will lose their holidays, even if the funds are low. And most people will buy cheaper gifts instead of ticking a few loved ones off the shopping list. When people don't have a lot of cash, they look for low prices. Suddenly, the bargain hunt becomes the order of the day.
Expect masses of Americans to flock to online retail sites in increasing numbers. The super-low overhead of online retail allows sites to offer a wide selection at the lowest prices in the world. After a decade of online shopping, millions of people are now fully aware of this truth. Expect a large percentage of them to purchase some or all of your gifts online.
2. Gasoline is still high and could rise again in the coming weeks. This means that walking the streets crowded with Christmas shoppers is something most of our paperbacks don't want to go through. High gas prices also mean that paying for online purchases sent to you is no longer an imposition. Many will think, "The $ 3 for shipping is a lot less than the $ 20 I'll spend driving all over town to the malls."
3. People work harder than ever. The demands of one, two, even three jobs while caring for the family are leaving millions of Americans with no time off. This means they have to include Christmas shopping on their lunch break or even during a slow time at work. Yes, expect these people to shop online in unprecedented quantities as well. The bottom line is clear: if you are a consumer, take the necessary break and buy your holiday gifts online. If you're an online retailer, get ready for a holiday shopping season you may not forget soon.
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