{"id":83088,"date":"2024-12-10T16:56:17","date_gmt":"2024-12-10T16:56:17","guid":{"rendered":"https:\/\/cred.ai\/news\/?p=83088"},"modified":"2024-12-12T17:06:11","modified_gmt":"2024-12-12T17:06:11","slug":"tinsel-and-tech-2024-holiday-shopping-trends","status":"publish","type":"post","link":"https:\/\/cred.ai\/news\/2024\/12\/10\/tinsel-and-tech-2024-holiday-shopping-trends\/","title":{"rendered":"Tinsel and Tech: 2024 Holiday Shopping Trends"},"content":{"rendered":"<p class=\"p1\">The 2024 holiday shopping season is a study in contrasts. As economic challenges meet the forward march of innovation, consumers are tightening their belts yet indulging in self-gifting. From personalized experiences to record-breaking sales, here are the major trends shaping the season.<\/p>\n<ul>\n<li class=\"p1\"><b>Frugality Meets Festivity<\/b>: Economic pressures have <a href=\"https:\/\/www.businesswire.com\/news\/home\/20241210556140\/en\/Perfect-Corp-Reveals-Key-Insights-for-the-2024-Holiday-Shopping-Trends-Personalization-and-AI-Take-Center-Stage\">66 percent<\/a> of shoppers planning to cut spending, prioritizing value over luxury. This has spurred &#8220;<a href=\"https:\/\/www.bhg.com\/holiday-shopping-trends-2024-8750801?utm_source=chatgpt.com\">soft shopping<\/a>,&#8221; where consumers spread purchases over time to maximize sales and avoid last-minute panic.<\/li>\n<li class=\"p1\"><b>Self-Gifting Gains Popularity<\/b>: A <a href=\"https:\/\/civicscience.com\/trend-to-watch-self-gifting-during-the-2024-holiday-season\/#:~:text=Currently%2C%2032%25%20of%20U.S.%20adults,something%20or%20not%20(21%25).\">CivicScience survey<\/a> reveals 32 percent of U.S. adults intend to buy for themselves while shopping for others. This reflects a growing appetite for personal indulgence amid the season\u2019s giving spirit.<\/li>\n<li class=\"p1\"><b>Omnichannel Shopping Preferences<\/b>: Consumers are blending in-store and online shopping, with <a href=\"https:\/\/www.businesswire.com\/news\/home\/20241210556140\/en\/Perfect-Corp-Reveals-Key-Insights-for-the-2024-Holiday-Shopping-Trends-Personalization-and-AI-Take-Center-Stage\">60 percent<\/a> favoring this hybrid approach. They value the convenience of online browsing paired with the tactile benefits of physical stores.<\/li>\n<li class=\"p1\"><b>Personalization and AI Integration<\/b>: Shoppers now expect tailored experiences. <a href=\"https:\/\/www.businesswire.com\/news\/home\/20241210556140\/en\/Perfect-Corp-Reveals-Key-Insights-for-the-2024-Holiday-Shopping-Trends-Personalization-and-AI-Take-Center-Stage\">Over half<\/a> are using or plan to use AI tools, from virtual try-ons to personalized recommendations, signaling a major shift toward tech-enhanced retail.<\/li>\n<li class=\"p1\"><b>Late-Night Shopping Surges<\/b>: Night owls dominate, with <a href=\"https:\/\/www.businesswire.com\/news\/home\/20241120491514\/en\/Midnight-Shopping-to-Reward-Spending-Zip-Reveals-2024s-US-Holiday-Trends\">40 percent<\/a> making significant purchases around midnight. Retailers are meeting this demand with late-day deals and flash sales.<\/li>\n<li class=\"p1\"><b>Buy Now, Pay Later (BNPL) Popularity<\/b>: BNPL services are <a href=\"https:\/\/www.investopedia.com\/online-sales-drove-start-holiday-shopping-season-update-8754340?utm_source=chatgpt.com\">booming<\/a>, offering financial flexibility for bigger-ticket items like electronics, furniture, and housewares. This payment model continues to attract budget-conscious shoppers.<\/li>\n<li class=\"p1\"><b>Sustainability Considerations<\/b>: Environmental concerns are driving decisions, with 53 percent of young Americans (ages 17\u201343) willing to spend more on sustainable gifts, according to <a href=\"https:\/\/web.meetcleo.com\/blog\/2024-holiday-spending-report\">Cleo&#8217;s 2024 Holiday Spending Report<\/a>. <b>\u200d<\/b><b><\/b><\/li>\n<\/ul>\n<p class=\"p1\">The 2024 season captures a delicate balance of caution and indulgence, tradition and innovation. Retailers offering personalized, flexible, and value-driven experiences are best positioned to connect with today\u2019s savvy shoppers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2024 holiday shopping season is a study in contrasts. As economic challenges meet the forward march of innovation, consumers are tightening their belts yet indulging in self-gifting. From personalized experiences to record-breaking sales, here are the major trends shaping the season. Frugality Meets Festivity: Economic pressures have 66 percent of shoppers planning to cut &#8230;<\/p>\n","protected":false},"author":14,"featured_media":83089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[114,254,1212,1213,1214,1215,1216],"class_list":["post-83088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","tag-news","tag-shopping","tag-2024-holiday-shopping-trends","tag-holidays","tag-trends","tag-online","tag-consumers"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tinsel and Tech: 2024 Holiday Shopping Trends - crednews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cred.ai\/news\/2024\/12\/10\/tinsel-and-tech-2024-holiday-shopping-trends\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tinsel and Tech: 2024 Holiday Shopping Trends\" \/>\n<meta property=\"og:description\" content=\"The 2024 holiday shopping season is a study in contrasts. 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