You Want Sales? You Got ‘Em
Posted by Adam Hart November 20, 2008 at 7:48 am
Everywhere. Sales, sales, and more sales. Stores are offering discounts early on, hoping to give a boost to the holiday shopping season, which is expected to be hit hard by the economic struggles. NECN’s Latoyia Edwards takes us through some of those discount sale details…
Last year, the average consumer spent more than $900 on holiday gifts. This year, consumers plan to spend $700.
The $200 drop on the shopping budget has spawned a “sales battle” for customers. For example, one can find 60-percent off deals on items from JC Penney jewelery to KB Toy Store gifts for children.
So far, the deals have not been enough to counteract the belt tightening in this tough economy.
A recent retail survey found 43-percent of shoppers are willing to wait until after the holidays in hopes of getting the best deal on merchandise.
Just how much will it take to turn sales figures around? We won’t know until we do, if that makes sense. But the holiday shopping discounts are something to take advantage of, if you’re in a position to do so, financially.
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I think that the greatest give that can be given on this holiday season and on those to come is the decoupling of holidays and consumerism.
Make a point not to give gifts to each other. Instead, contribute your time or money to helping a love one achieve important goals.
A noteworthy idea, and a hard one not to agree with. You may want to check a couple of the other posts for ‘Gifts that Give Back,’ or you’re right, do a little thinking and find a gift that really matters. Don’t buy things just for buying them.
There’s too many other ways where a little money can make a big difference - for you, your family, your neighbors, or your planet.