New Survey Reveals Half of Brits to rely on Black Friday for Festive Gift Purchases
November 21 2024 - 3:00AM
UK Regulatory
New Survey Reveals Half of Brits to rely on Black Friday for
Festive Gift Purchases
Brits plan to spend £352 on Christmas presents
this year
25-34 year olds are most likely to get their
gifts on Black Friday
1 in 8 shoppers plan to buy the majority of
Christmas shopping in Black Friday sales
LONDON, U.K., Nov. 21, 2024 (GLOBE NEWSWIRE) -- A new survey of
UK consumers commissioned by GXO Logistics, Inc. (NYSE: GXO), the
world’s largest pure-play contract logistics provider, has revealed
that 54% of Brits who plan to shop for Christmas presents this year
will use special deal days like Black Friday and Cyber Monday to
purchase their gifts.
The survey, which explored the shopping habits of UK consumers
in the run up to Christmas, found that this year on average British
consumers plan to spend £352 on their Christmas shopping and that
Black Friday is firmly at the forefront of consumers’ minds when
purchasing Christmas presents. The results also highlight that
there are notable differences in shopping patterns across
demographic groups, and this valuable insight can enable retailers
to tailor deals, promotions and logistics to maximise these
different shopping behaviours.
“Insight into consumer behaviour during peak shopping periods is
essential for our customers to plan successfully to meet demand and
ensure a seamless shopping experience,” said Gavin Williams,
Managing Director, UK and Ireland, GXO. “This research highlights
the likely shopping patterns across consumer groups between now and
Christmas 2024. That’s invaluable information which can reinforce
detailed demand predictions that retailers might have made earlier
this year. It also emphasises the need for flexible logistics
supply services that can scale up quickly at this key selling
period to enable retailers to meet the volume of omnichannel demand
predicted.”
Key survey findings include:
- This year, shoppers in the UK are planning to spend £352 on
average on their Christmas presents, with £195 of that being spent
in Black Friday sales events. Brits aged 25-34 are planning to
spend £315 through the Black Friday sales, the highest of any age
category.
- 1 in 8 shoppers say they plan to get all or most of their
Christmas shopping in the special deal days at the end of the
month.
- 25–34-year-olds are the most likely age category to wait for
Black Friday to do their Christmas shopping, with 80% saying
they’ll hang on for the special offers from retailers. Whilst only
30% of over 55-year-olds wait for special deal days to buy their
presents.
- The research also found that male Brits put less dependency on
Black Friday, with those surveyed saying they are less likely to
wait for any special deal days to get their Christmas shopping done
this year.
Martin Newman, The Consumer Champion, commenting on the research
said: “With half of Brits relying on Black Friday for Christmas
shopping, retailers need to be ready for a significant surge in
demand, especially among the 25–34 age group. Meeting these
expectations with strong stock, smooth logistics, and both online
and in-store options will be critical.
“Equally important is catering to last-minute shoppers -
particularly men - by offering reliable delivery, gift-wrapping,
and gift card services. As 21% of shoppers plan to pick up online
orders in-store, and over half value easy returns, retailers must
prioritise a seamless omnichannel experience. Get these aspects
right, and retailers can boost sales and loyalty into the new year.
The survey also looked at consumer habits throughout the peak
period, with a focus on customer expectations across online
shopping, specifically deliveries, returns and satisfaction
reviews.”
The report revealed that 37% of customers say their online
shopping has increased over the past year. However, customers still
want to see a store presence too, with 21% of shoppers wanting to
collect their online shopping in store, showcasing the importance
to retailers in offering an omnichannel shopping experience.
This reinforces the continued appeal of the high street and
supports the growth in services like GXO’s Clicklink® Click and
Collect service, which delivered 460,000 parcels to its partners in
the week before Christmas last year.
Looking at returns, over half of the consumers surveyed said
that the ease of returning products in the peak season
significantly affects their purchasing decisions, again showcasing
the importance of getting the end-to-end logistics solution right
the first time for consumers.
The full report is available from GXO Logistics.
About the research
The research was conducted by Censuswide with a sample of 2,003
Nationally Representative UK Respondents (aged 16+). Quotas were
applied to nationally representative proportions for age, gender
and region aged 16+. The survey fieldwork took place between
01/11/2024 - 04/11/2024. Censuswide abide by and employ members of
the Market Research Society which is based on the ESOMAR principles
and are members of The British Polling Council.
About GXO Logistics
GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play
contract logistics provider and is benefiting from the rapid growth
of ecommerce, automation and outsourcing. GXO is committed to
providing a diverse, world-class workplace for more than 130,000
team members across more than 970 facilities totaling approximately
200 million square feet. The company partners with the world’s
leading blue-chip companies to solve complex logistics challenges
with technologically advanced supply chain and ecommerce solutions,
at scale and with speed. GXO corporate headquarters is in
Greenwich, Connecticut, USA. Visit GXO.com for more information and
connect with GXO
on LinkedIn, X, Facebook, Instagram and YouTube.
Media contact
Jack Woodhead
+44 (0)7929104482
jack.woodhead@gxo.com
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