COVID-19 lockdowns have led to an early Christmas boom for online retailers.
Andrew Charlton, director of Alphabeta, an analytics firm, said the coronavirus has created an increase in online shopping across the country.
“It’s a lot of people, especially older Australians, who have had to try shopping online for the first time – and it’s been a long time since the coronavirus was gone,” he said.
This year’s Small Business Recovery research, commissioned by American Express, examined the impact of COVID-19 on Australian small businesses and found that 52 per cent of consumers are concerned about their safety when shopping in stores.
With more than two months left to fill the Christmas stockings, retailers will continue to entice shoppers into stores or online with Black Friday (November 27), Cyber Monday (November 30) and Christmas sales events.
Online shopping website Catch.com Chief Marketing Officer Ryan Gracie says the must-have item in 2020 are tech gifts.
“Some of our bestsellers include smart home products, televisions and gaming consoles like the Nintendo Switch,” he says.
“We also hope the drones will be bestsellers as Aussies look forward to exploring the great outdoors.”
Kmart Divisional Merchandise Manager Robert Day encourages customers to shop for their favorite items.
To reduce the burden on big-ticket purchases, “buy now pay later” companies prefer M Offering $ 30,000 to help cover the cost of transactions with interest-free repayment options ranging from six months to 60 months.
“We allow customers to pay for a longer period of time, which makes expensive purchases more affordable,” said Hum CEO Rebecca James.
The company recently saw a 262 percent increase in online sales as people cracked down on whitegoods and outdoor furniture for their home remodels.
“From now until December the number of retailers offering promotions and contracts will continue to increase,” Ms James said.
Originally published as The best Christmas gifts that are already selling fast
Edward Langley is a contributor to Nintendo-power.com, covering a wide range of topics including news, business, technology, entertainment, lifestyle and current affairs. He focuses on delivering clear, balanced and accessible reporting that helps readers stay informed about important developments and emerging trends. With an emphasis on accuracy, relevance and useful insights, Edward aims to provide engaging stories and practical information that matter to audiences in the UK and beyond.