The holiday shopping season will be your best chance to bring your best effort. With various tools and supporting devices at your fingertips, you need to be able to hunt for deals in stolen moments as many as possible.
In fact, one third of all shopping searches on Google happen between 10:00 p.m. and 4:00 a.m. Nowadays, shopping doesn’t stop once the mall closes. Online shopping has became more common these days, especially with the rising popularity of mobile commerce.
Black Friday becomes a month-long event
Buyers are starting their research early, and retailers are stretching Black Friday promotions across November, changing the focus from just one day to a month-long event. More than half of consumers surveyed said they’ll start their research before Thanksgiving, with 26% of shoppers starting before Halloween.
Shoppers are also spending more time consulting more sources before making a decision. In 2010, shoppers used at least five sources of information before making a purchase. Now that has more than doubled, with shoppers consulting at least 12 sources last year. This means that October through November has become a crucial period for retailers to reach shoppers online, being present with offers, information, tutorials and content.
Online shopping is the new window shopping
Shoppers are going online for inspiration at all points of their day, not just to research specific products but to see what their friends and favorite influencers are wearing. Sites such as YouTube and Pinterest have become the new window displays, and a new generation of fashion influencers, for instance, are influencing shopping decisions.
Shopping-related content on YouTube, from unboxing videos to product reviews, is becoming an important part of the holiday research process and is trending up year over year. Haul videos spike during key shopping events and hit their peak during Black Friday weekend. Videos with “haul” in the title have been watched more than 1.1B times on YouTube, and views are up 1.7x this year compared to last year.
Moreover, shoppers aren’t just using YouTube for research ahead of time; they’re also looking up videos while making decisions in stores. One in four shoppers say they’ve used YouTube to search for a video related to a product they’re considering while in a store.
Your phone is the ultimate shopping assistant
One of the biggest tools for shopping throughout the day is your mobile devices. Latest research found that 75% of smartphone shoppers plan to use their phones in-store this holiday season. Shoppers used to come to the store with little knowledge, and the sales associate would educate them on products. Now shoppers are coming into stores teeming with information, and are turning to their phone as a personal shopping assistant. One in three shoppers use their smartphone to find info instead of asking store employees.
When retailers understand mobile behavior in stores, they can meet shoppers online with helpful information. 46% of shoppers who use their phone in a store still end up making a purchase, an 11-point increase from 2011. Consumers are coming into stores more purposeful and informed than before, and savvy retailers are turning this into an opportunity.