Feb. 7, 2013
/PRNewswire/ -- Online shopping site PriceGrabber
just released results of its 2013
Shopping Survey, revealing a majority of consumers plan to shower their loved ones with gifts this
holiday. Sixty-two percent of consumers plan to spend up to
on gifts this year, a decrease from 68 percent in 2012. However, 36 percent of consumers plan to spend more than
compared to 28 percent in 2012. Conducted from
Jan. 22 to Jan. 31, 2013
, the survey includes responses from 2,251 U.S. online shopping consumers.
Valentine's Day Shopping Budgets On Par or Slightly Higher than 2012
When consumers who plan to celebrate
were asked about their spending habits compared with last year, 52 percent indicated they plan to spend the same amount as in 2012. Twenty-six percent will spend more, 17 percent will spend less, and 5 percent will not purchase a gift this year. According to PriceGrabber's survey, the economic climate continues to be a relevant factor in shoppers' mindsets, with 55 percent indicating the economy will have an effect on their
purchasing decisions in 2013.
Consumers to Hit Stores and Shop Online for Gifts; Mobile Makes a Presence
Shoppers plan to purchase
gifts in a variety of ways this year, with online and mobile shopping continuing to increase in popularity. When consumers were asked to select all of the ways in which they plan to purchase
gifts, 69 percent indicated they would buy gifts from a store, up from 54 percent in 2012. Fifty-six percent of consumers said they would purchase gifts online, a significant increase from 34 percent last year. This was followed by 5 percent of shoppers that indicated a purchase via electronic tablet device, compared to 1 percent in 2012; and 4 percent cited a purchase using a mobile phone, a slight increase from 2 percent last year.
"Consumers continue to shop and conduct product research in advance of making purchases in order to find the best pricing on products. We expect this trend to continue as shoppers hit the stores and go online to make their
gift purchases this year," said
, vice president of marketing and analytics of PriceGrabber.com. "Our survey showed that 36 percent of consumers plan to compare prices using their mobile phones when
gift shopping in brick-and-mortar stores, a jump from 29 percent in 2012, revealing that consumers are increasingly using their mobile devices to look for the best deals."
Many shoppers will celebrate with an evening out and purchase greeting cards
When consumers were asked to select all of the things they plan to spend money on during their
celebration, 39 percent indicated they would spend money on an evening out. This was followed by 35 percent of shoppers who noted they would purchase a greeting card for a loved one; 22 percent will buy flowers; and 20 percent will purchase candy. Fourteen percent of consumers selected jewelry, another 14 percent cited clothing and an additional 14 percent said they plan to buy themed gifts, such as stuffed animals or a heart-shaped present.
Most will shop one week in advance and plan to use cash and credit cards for purchases
When consumers who plan to celebrate
were asked when they plan to purchase their gifts, 43 percent said they will do so one week in advance. Twenty-five percent of shoppers will purchase gifts two weeks prior to
, 22 percent will shop within 48 hours of the gift giving day, and 10 percent will shop three weeks prior. Cash and credit cards are the most popular forms of payment among consumers planning to buy
gifts this year. When survey respondents were asked to select all of the ways in which they plan to pay for a gift purchase, 55 percent said a credit card and another 55 percent cited cash. Eleven percent of consumers indicated they will use gift cards to make purchases.
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, and more. Download the mobile application for smart shopping on the go.
About PriceGrabber.com ®
PriceGrabber is a leading online shopping site with more than 23 million unique shoppers monthly. At PriceGrabber, savvy shoppers can instantly find and compare over 80 million unique products and services across 25 categories with more than 11,000 merchants. Compare products side by side to find the right retailers at the best prices within popular categories, such as
, Electronics, Computers, Clothing, Books, and more. PriceGrabber provides shoppers with the right product from the right merchant at the best price anytime, anywhere. Visit us at