Phil Rist
Phil Rist
addition becoming bowl business consumers entertainment hats purchasing quickly raises spending super total
The Super Bowl is becoming big business for retailers. In addition to purchasing hats and snacks, consumers will be purchasing high-end merchandise, like TVs and entertainment centers, which quickly raises total spending figures.
choose customer key obviously people price
Obviously price is key to determining where people choose to shop. But after that, it's customer service.
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Nobody wants to pay for an over-priced item. Donald Trump doesn't want to pay more than he has to for something. For groceries, price is the No.1 issue, whether people admit it or not.
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Many consumers were driven to the stores last weekend by great sales on electronics and toys. Now that many of the most popular electronics are affordable for the average shopper, people are picking up DVD players and digital cameras as gifts, but also for themselves.
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Shopping is a sensory experience. People are subconsciously recording things like the layout of the store, the lighting, whether the aisles are overflowing, whether the prices are clearly indicated and how easy or difficult it is to find a product every time you visit a store.
consumers continue drive everyday focus gifts great holiday looking prices promotions retailers sales savings season succeed though year
Though many consumers are more financially comfortable now than they were a year ago, they are still looking for great prices and savings on gifts and everyday merchandise. The retailers that succeed this holiday season will be those that continue to focus on sales and promotions to drive traffic.
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Though a large percentage of shopping has been completed, many sales have not been recorded due to heavy purchasing of gift cards, which are not recorded until merchandise is redeemed. Most consumers will have their shopping completed by Christmas Day, but will head out after Christmas to take advantage of discounted merchandise and spend gift cards.
advantage bargains buying consumers either items others perhaps purchase receive shopping taking
Taking a look at shopping patterns, we see that consumers are either taking advantage of bargains to purchase items for themselves, or perhaps they are subconsciously buying items for others that they would like to receive themselves.
among cards consumers gift popularity soaring
The popularity of gift cards is soaring among consumers of all ages.
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Wal-Mart gets more than 100 million customers a week. It's still growing its sales double-digit every year.
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Over the past few years we have seen the bulk of the Valentine's spending shift from young adults to middle-aged consumers.
customers department favorite history lose loyal regional stores
And that's by design. Stores do not want to lose their loyal shoppers - customers who have a history with a favorite regional department store.
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Retailers look forward to the Super Bowl every year, knowing that it means big business.
bars benefit greatly increased power spending
Restaurants and bars will benefit greatly from this group's increased spending power.