Black Friday 2020 How excited are Americans about it?
of Americans are excited about Black Friday shopping this year
of Americans intend to reduce their shopping budget this Black Friday
of Americans plan to do most of their Black Friday shopping online
Black Friday is coming this year amid the continuing threat of COVID-19. Despite this, consumer expectations remain high as the reopening brings in the sense of normalcy and a return to routine. This report delves into the excitement around the big day and the increasing shift towards online shopping. Retailers can leverage this data in their decision making.
COVID-19 and the focus on social distancing are fast changing the face of Black Friday as we know it. With major retailers like Amazon and Target holding their mega sale just a month prior and several others jumpstarting holiday sales early, Black Friday seems to be slowly losing its clout as the official kickoff day for holiday shopping. Despite the changes, how excited are Americans about the big day, and how different will it be this year amid the pandemic? Piplsay polled 30,223 people nationwide to get the insights. Here is a summary of what we found:
- 34% of women and 23% of men have no plans to shop this Black Friday
- 62% of men are interested in buying electronic goods as compared to just 38% of women
- 51% of Millennials and 46% of Gen Zers plan to do most of their shopping online this year
- 38% of Millennials plan to increase their shopping budget this year as compared to 33% of Gen Zers and 29% of Gen Xers
Survey Methodology: This Piplsay survey (powered by Market Cube) was conducted nationwide in the US from October 9-11, 2020. We received 30,223 online responses from individuals aged 18 years and older.