A recent study of approximately 2,000 Americans from Decluttr has revealed some interesting forecasts for the upcoming holiday season. The average American plans to spend $599 in holiday gifts this year, which will put 1 out of 4 Americans into debt after the holiday season.
Some key findings are below:
- 2:5 Americans are open to receiving refurbished items
- More than 40% of consumers are spending between $50 and $200 on tech related gifts
- Most desired tech gifts include headphones, smartphones, and virtual assistants
- More than 50% of millennial parents are likely to purchase refurbished tech
- Approximately 27% of non-millennial parents are likely to purchase refurbished tech
The survey further shows that the price for tech continues to get higher with each holiday season. CMO Liam Howley stated, “Christmas is getting more expensive every year, and our research has shown that consumers are looking to seek additional income when it comes to covering the holiday spend. What’s more, we found that nearly a third of consumers are likely to sell unwanted tech items for additional money this holiday season.”
Via BGR
