2021 Holiday Sales- Trends and Forecasts
Holiday sale forecasts paint a rosy picture for this year irrespective of the the uncertainties around due to the pandemic situation.
Retailers can cash in on the robust trends to boost their leads by adopting innovative strategies like giving away custom handouts with every purchase
Here are some trends that you may find interesting
Holiday sale 2021 is expected to be between $843.4 billion and $859 billion.
The average holiday spending per household will go up by 5% in 2021
Holiday sales during Nov and Dec is expected to grow between 8.5 percent and 10.5% over last year
Average household spending on gifts is forecast at $501 for this year
Consumer expenditures for travel and entertainment will grow by 15% to $536 this year