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Canadians are planning to shop for Hard Black Friday and Cyber ​​Monday

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Get ready! Click here for Black Friday and Cyber ​​Monday shopping Smorgas boards. And the Canadians couldn’t be happier anymore. In short, it’s the Canadian Retail Council (RCC)’s fourth annual report nationwide. Holiday shopping A study showing that people are anxious to return to physical shopping, not to mention giving gifts, even though the pandemic continues to affect everyone’s lives.

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And it seems that Black Friday is expected to be the biggest shopping day of the year.

According to the RCC website, this year’s survey reveals that Canadians are spending more ($ 792 in 2021 and $ 693 in 2020) and plan to shop faster. .. This is done by many Canadians. In addition, more consumers are planning to take advantage of holiday shopping sales than ever before.

Last year’s pandemic challenges were the closure or closure of stores, long lineups, uncertainties in life, and a major role in how people are working on holiday shopping today. Almost two-thirds of the surveyed respondents said last year’s challenges due to out-of-stock items, long delivery times, and delayed deliveries were the main motivations for this year’s shopping.

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“Consumers who plan ahead and shop early are more likely to find the products and brands they need for the holiday season. Also, because of the expected labor shortage, shop early. So consumers can avoid long lineups and delivery / delivery delays, “said RCC President and CEO Diane J. Brisebois in a recent media release.

Annual Mastercard (www.mastercard.ca) SpendingPulse Studies show that this holiday season will continue to look different due to geographic, economic and household differences, but there are some trends to watch out for, such as early shopping due to potential supply chain and labor concerns. ., “According to a recent media release. What do people put gravity on? Gadget! “The electronics sector is experiencing strong growth and will continue through long vacations,” the study said. And while the transition to e-commerce will continue, and again, many consumers are returning to physical stores.

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Meanwhile, a Canadian Certified Public Accountant (CPA) predicts a “fun holiday for Canadians.” Spending will be reduced, but it will be more energetic.

“This year is a cheerful season and the gift of optimism is more prevalent among Canadians than last year,” said a certified accountant. Annual Holiday Expenditure Survey .. “Canadians are much more hopeful this year, with 45% of those surveyed feeling more optimistic about the upcoming holiday season than last year’s 33%,” www.cpacanada.ca/ en says. “Pessimism has dropped dramatically, with only 14% of Canadians feeling negative about vacations, compared to 27% in 2020.”

A CPA study also revealed that Canadians are “re-selecting in-store shopping as restrictions are relaxed and vaccination rates increase.”

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We also feel generous. PayPal 2021 Holiday donation research (Www.Paypal.com) said the pandemic “helped Canadians feel more generous. As a direct result of the pandemic, 80% (for example) they are more motivated to support causes and philanthropy. I feel it. ” One in three Canadians felt most motivated to support mental health-related causes as well.

What do Canadians plan to spend most of their budget on? According to the RCC, clothing, followed by food, toys and personal electronics. “Consumers expect more choices about where and how to receive and deliver their purchased products.”

On the other hand, which one is based in the UK? (Www.which.co.uk/news) The research website reports that all Black Friday and Cyber ​​Monday transactions are like smoke and mirrors. The site was reported in a survey of some of the world’s top shopping sites. “We’ve calculated tens of thousands of prices in our biggest Black Friday survey to date, and we’ve found that buying on Black Friday is almost guaranteed not to get the cheapest price of the year. “

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That said, officials from various toy companies have suggested that if you see a toy in your child’s wishlist, grab it. Even hours after you put it in the store, you may not have time to think about whether you should buy it!

Credit: monstArrr_Getty Images
Credit: monstArrr_Getty Images Credit photo: monstArrr_ / /Getty Images

Most important regional differences:

Ontario : Ontarians estimate that the national average will be $ 792, compared to spending $ 863 this holiday season.

Quebec: Few Quebecs report that their financial well-being was affected by the pandemic, but they also plan to spend the least amount of this vacation, at $ 565 compared to the national average of $ 792, Canada. You are more likely to spend yourself on vacation compared to other areas. Quebécois also tend to shop at toy and game retail stores. Quebecs are less likely to shop on Boxing Day (24% vs. 34% in other parts of Canada). Quebécois have historically been less likely to plan and set a budget in advance for holiday spending.

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Atlantic: Maritimer’s planned spending is $ 807 against the national average of $ 792, but we also plan to spend 84% of the national average of 80% for gifts to others.

Manitoba / Saskatchewan: The estimated average spending is $ 692, while the national average is $ 792. They also say they spend 83% more on gifts to others than the national average of 80%.

Alberta: Albertin estimates that it will spend $ 869 this year, compared to the national average of $ 792.

British Columbia: British Columbia respondents will spend an average of $ 958 against the national average of $ 792.

– Https://www.retailcouncil.org/research/rcc-holiday-shopping-survey-2021

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Canadians are planning to shop for Hard Black Friday and Cyber ​​Monday

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