The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

OGJ is edited to meet the needs of engineers, geoscientists, managers, and executives throughout the oil and gas industry. It is part of Endeavor Business Media, Nashville, Tenn., which also publishes Offshore Magazine.

Endeavor Business Media’s Petroleum Group also produces targeted e-Newsletters; hosts global conferences and exhibitions, seminars, and forums; and publishes directories, technical books, print and electronic databases, surveys, and maps.

Additional Information

Website & Technical Help

For help with subscription purchases or refunds, or trouble logging into the paid subscription content on www.ogj.com, please contact Customer Service at [email protected] or call 1-847-559-7598.

For more customer service information, please click here.

Survey Reveals What’s Top of Mind for Holiday Shoppers

photo

SPONSORED CONTENT -- (StatePoint) As the holiday season approaches, many consumers are planning to kick off their shopping earlier this year, aiming to lock in low prices, take advantage of promotions, and ensure all their gifts arrive on time. A recent survey by Sensormatic Solutions reveals key insights that can guide both shoppers and retailers during this busy time.

According to the survey, 52% of respondents plan to start their holiday shopping earlier than last year, and while shoppers are looking for deals, 48% plan to spend more than they did last year.

“Understanding consumer trends is critical for both shoppers and retailers alike,” said Christa Anz, global marketing leader, Sensormatic Solutions. “This survey highlights important considerations that can enhance the shopping experience and inform retail strategies.”

Here are some of the survey’s top findings:

• Early Shopping Trends: Over half (54%) of shoppers plan to begin their holiday shopping before November. This trend indicates a shift towards early planning to secure deals and avoid the rush of the season’s busiest shopping days. Early shopping also helps lock in the best prices and ensure stock availability.

• Preferred Pickup Options: This year, 42% of shoppers plan to use Buy-Online-Pick-Up-in-Store (BOPIS), and 35% will opt for curbside pickup. However, 29% of respondents are concerned about possible long wait times, suggesting to retailers the importance of efficient customer service during peak hours and the need to provide several pick up options.

• Spending Management: While nearly half of shoppers plan to spend more this year, 52% of respondents noted they are creating a shopping list to avoid impulse purchases. In fact, 64% of younger shoppers have used recent deal days and flash sales to maximize their spending.

• Prioritize Safety: Safety is key to a productive holiday shopping season. In fact, 69% of consumers feel safer with visible security measures such as security personnel, surveillance cameras, and Electronic Article Surveillance (EAS) tags, and 34% of them consider these features essential for in-store shopping. This aligns with performance data that suggests such visual deterrents can effectively reduce theft and organized retail crime. Retailers should prioritize safety features, such as surveillance cameras and security personnel, to foster a positive shopping environment.

For more holiday shopping insights, visit sensormatic.com.

This holiday season presents an opportunity for both consumers and retailers to adapt to evolving shopping behaviors. By understanding these insights, retailers can better meet customer expectations, while shoppers can enjoy a more informed and relaxed shopping experience.

Photo Credit: (c) FOLIO - stock.adobe.com

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.