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Holiday and Gift
Card Statistics
that
Online Merchants
Should Know
Prepared by: M-Connect Media
Magento Development Company
What is Holiday Season?
Holidays are known to bring friends and families together, and
gifts are lubricants to smooth the ...
A gift card also called Voucher card or Gift Certificate is a in
stored-value money card usually issued by online shop own...
Numbers of Gifts Purchased during
Holiday Seasons
22
23.1
21.5
18.2
16.8
14.7
12.8 12.9 13.4 13.7 13.9
2006 2007 2008 2009...
What does it Mean?
Gift Buying during Holiday Sales
(% of respondents)
In a survey, Clothing and gift cards are on the top of the buying list...
Who are Buying Gift Cards?
According to NRF (National Retail
Federation) data in 2014:
• 55% men buy gift cards.
• 70% wom...
Where Buyers Buy Gift Cards?
According to giftcards.com:
• 31% in Malls to buy gift cards.
• 27% of Websites to buy gift c...
The USA online consumers spending on
Gift Cards in past 12 months
Packaged Facts, a consumer research division of
MarketRe...
$28
$11
$7
$0
$5
$10
$15
$20
$25
$30
To Others Self-gifting To Employees
Americans spending on gift card last
year (In Bil...
• $9 billion gift card spending on Christmas.
• $7 billion gift card spending on Birthdays.
• $3 billion gift card spendin...
$9
$7
$3
$0
$1
$2
$3
$4
$5
$6
$7
$8
$9
$10
Christmas Birthday On Miscellneous
Occasions
Spending on Gift Card for Differen...
Spending on Gift Card by Age Groups
• $7 billion spent on gift cards by 25-34 age
group, which was 26% of total.
• $6 bill...
$7
$6
$4
$0
$1
$2
$3
$4
$5
$6
$7
$8
25-34 35-44 18-24
Spending on Gift Card for Different Occasions(In Billion)
Gift Cards...
Gift Card Sale Statistics
• In 2007 total amount spent by consumers on gift
cards was $97 billion.
• In 2009 it went down ...
$83.00
$97.00
$91.00
$87.00
$91.00
$99.00
$107.00
$118.00
$124.00
$130.00
$0.00
$20.00
$40.00
$60.00
$80.00
$100.00
$120.0...
Amount of Money Consumers Spent on
Gift Cards during Holiday Seasons
• In 2007 average amount spent by consumers on gift c...
$146.20 $156.20 $147.30 $139.90 $145.60 $155.40 $156.90 $163.20 $172.70
$39.20
$42.00
$40.50
$39.80 $41.50
$43.20 $43.80
$...
Gift Card Likeness
Gift Cards
as a
Gifting
Option.
In 2014, 37%
hoped to
recieve gift
cards.
In 2015, 52%
admitted
gifting...
Self-gifting Trends among the USA Gift
Card buyers
According to giftcards.com:
• Up to 2012, the self-gifting trend was on...
Gift Card Storage Preferences
Storage
Preferences
for Gift
Cards
46% carry
physical
gift cards
14% stores
on mobile
wallet...
6% Americans by Gift
Cards for Self-gifting
45% to qualify
for discounts
or deals
35% to stick
with a budget
36%
40%
43%
5...
Reasons for Consumers to Buy Gift Cards
• Gift cards offer freedom of
gift selection.50.4%
• gift cards are easy & fast to...
Reasons for Online Merchants to
Sell Gift Cards
M-Connect Media has created gift card extension. It is for online merchants to
leverage gift card mania, which used to pre...
Bibliography
• https://www.vantiv.com/vantage-point/smarter-
payments/payment-trends-2016-holiday-shopping
• https://small...
Holiday Sales and Gift Card Statistics that eCommerce Merchants Should Know
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Holiday Sales and Gift Card Statistics that eCommerce Merchants Should Know

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The gift card is trendy for holiday sales and present PPT depicting statistics regarding it beautifully to give insights to Magento merchants who wish to leverage holiday seasons.

Published in: Sales
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Holiday Sales and Gift Card Statistics that eCommerce Merchants Should Know

  1. 1. Holiday and Gift Card Statistics that Online Merchants Should Know Prepared by: M-Connect Media Magento Development Company
  2. 2. What is Holiday Season? Holidays are known to bring friends and families together, and gifts are lubricants to smooth the process. Holiday season is the best days of years for both online merchants and customers as well. By Offering gifts and discounts on shopping, increase the customer loyalty and engagement.
  3. 3. A gift card also called Voucher card or Gift Certificate is a in stored-value money card usually issued by online shop owner or retailer to be used as an alternative to cash for purchases within their particular store to make customers happy and satisfy. Make your online shoppers happy this holiday using Gift Card Magento 2 Module by M-Connect Media. What is Gift Cards?
  4. 4. Numbers of Gifts Purchased during Holiday Seasons 22 23.1 21.5 18.2 16.8 14.7 12.8 12.9 13.4 13.7 13.9 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 No. of gifts Numbers of gift purchase trends showed a sharp decline up to 2012 but remained stable afterward.
  5. 5. What does it Mean?
  6. 6. Gift Buying during Holiday Sales (% of respondents) In a survey, Clothing and gift cards are on the top of the buying list of holiday shoppers.
  7. 7. Who are Buying Gift Cards? According to NRF (National Retail Federation) data in 2014: • 55% men buy gift cards. • 70% women buy gift cards. • 45% senior citizens (65+) buy gift cards. • 85% millennial (25-34) buy gift cards. 55% 70% 45% 85% GIFT CARD BUYERS IN % Who Buy Gift Cards (In %) Men Women Seniors Millenial
  8. 8. Where Buyers Buy Gift Cards? According to giftcards.com: • 31% in Malls to buy gift cards. • 27% of Websites to buy gift cards. • 27% in-person in-store to buy gift cards. • 16% in a restaurant or on its website to buy gift cards. 31% 27% 27% 16% 0% 10% 20% 30% 40% Gift Card Buyers in % Where Shoppers Buy Gift Cards (In %) Malls Online sites In-store In-restaurant Linear (Malls)
  9. 9. The USA online consumers spending on Gift Cards in past 12 months Packaged Facts, a consumer research division of MarketResearch.com have revealed following facts regarding gift card spending in 2016. According to the report, the overall spending was $46 billion on gift cards, and the majority of spending was during holidays. • Nearly $28 billion spending on gift cards for others. • $11 billion on gift cards for self-gifting. • $7 billion on gift cards for employees (by the employers).
  10. 10. $28 $11 $7 $0 $5 $10 $15 $20 $25 $30 To Others Self-gifting To Employees Americans spending on gift card last year (In Billion) Gift Cards Spending
  11. 11. • $9 billion gift card spending on Christmas. • $7 billion gift card spending on Birthdays. • $3 billion gift card spending on miscellaneous occasions like "rewarding someone," and "to say thank you.“. Spending on Gift Card for Different Occasions
  12. 12. $9 $7 $3 $0 $1 $2 $3 $4 $5 $6 $7 $8 $9 $10 Christmas Birthday On Miscellneous Occasions Spending on Gift Card for Different Occasions(In Billion) Gift Cards Spending
  13. 13. Spending on Gift Card by Age Groups • $7 billion spent on gift cards by 25-34 age group, which was 26% of total. • $6 billion spent by 35-44 age group. • $4 billion spent by 18-24 age group. • $3 billion spent on self-gifting by all age groups.
  14. 14. $7 $6 $4 $0 $1 $2 $3 $4 $5 $6 $7 $8 25-34 35-44 18-24 Spending on Gift Card for Different Occasions(In Billion) Gift Cards Spending
  15. 15. Gift Card Sale Statistics • In 2007 total amount spent by consumers on gift cards was $97 billion. • In 2009 it went down and was $91 billion. • From 2010 to 2015 it went up steadily from $99 billion to $130 billion. It is projected that it may touch more than $149 billion in 2017 with 54% increase from 2007 and e- gifting may touch $14 billion in 2017.
  16. 16. $83.00 $97.00 $91.00 $87.00 $91.00 $99.00 $107.00 $118.00 $124.00 $130.00 $0.00 $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Consumers Spent on Gift Cards (In Billion) Average
  17. 17. Amount of Money Consumers Spent on Gift Cards during Holiday Seasons • In 2007 average amount spent by consumers on gift cards was $146.20 while average per card was $39.20. • In 2008 it went up and was $156.20 for overall average while $42.00 for average per card. • In 2011 and 2012, it remained nearly $155 for overall average while nearly $43 for average per card. • In 2014, it went up and remained $172.70 for overall average while $47.90 for average per card. It indicated highly rising trends and projected that it might touch more than $200 for overall average and $60 for average per card.
  18. 18. $146.20 $156.20 $147.30 $139.90 $145.60 $155.40 $156.90 $163.20 $172.70 $39.20 $42.00 $40.50 $39.80 $41.50 $43.20 $43.80 $45.20 $47.90 $0.00 $50.00 $100.00 $150.00 $200.00 $250.00 2006 2007 2008 2009 2010 2011 2012 2013 2014 CONSUMERS SPENT ON GIFT CARDS DURING HOLIDAY SEASONS Average Average per Card
  19. 19. Gift Card Likeness Gift Cards as a Gifting Option. In 2014, 37% hoped to recieve gift cards. In 2015, 52% admitted gifting cards. In 2016, 58% adults like to recieve gift cards as gifts.
  20. 20. Self-gifting Trends among the USA Gift Card buyers According to giftcards.com: • Up to 2012, the self-gifting trend was on the rise, but slightly declined in 2016.
  21. 21. Gift Card Storage Preferences Storage Preferences for Gift Cards 46% carry physical gift cards 14% stores on mobile wallet 40% use both options
  22. 22. 6% Americans by Gift Cards for Self-gifting 45% to qualify for discounts or deals 35% to stick with a budget 36% 40% 43% 50% 46% 0% 10% 20% 30% 40% 50% 60% Self-gifting in % Self-Gifting 2012 2013 2014 2015 2016
  23. 23. Reasons for Consumers to Buy Gift Cards • Gift cards offer freedom of gift selection.50.4% • gift cards are easy & fast to buy.24.7% • Need not to worry of returning.5.6% • Easy to mail.5.6% • gift cards helps to stick with a budget.5.2% • To grab incentive come with gift cards.4.4%
  24. 24. Reasons for Online Merchants to Sell Gift Cards
  25. 25. M-Connect Media has created gift card extension. It is for online merchants to leverage gift card mania, which used to prevailing among the shoppers during the holiday season like Thanksgiving Day, Black Friday, Cyber Monday and Christmas. It allows merchants to optimize sales and revenues by easy settings. Get the best promotional Mconnect Gift Card Magento 2 extension at https://www.mconnectmedia.com/gift-card-magento-2.html You can call us on +1 319 804-8627 or mail us on cs@mconnectmedia.com for more details. Want to Increase your eCommerce Sales using Gift Card?
  26. 26. Bibliography • https://www.vantiv.com/vantage-point/smarter- payments/payment-trends-2016-holiday-shopping • https://smallbiztrends.com/2016/11/small-business-gift- cards.html • http://www.incentivemag.com/Gift-Cards/Retail/$46- Billion-Spent-on-Gift-Cards-in-2016-Packaged-Facts/ • https://ejgiftcards.com/10-surprising-gift-card-statistics/ • http://www.mpellsolutions.com/8-gift-card-statistics-you- need-to-know/ • https://www.shopkeep.com/blog/gift-card-benefits#step- 1 • https://websitesetup.org/holiday-ecommerce-marketing- statistics/

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