7 Holiday Shopping Behavior Stats For Black Friday & Cyber Monday

In this brand new Sharethrough research study, we surveyed 1,000 consumers about their holiday shopping behaviors.

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The Black Friday & Cyber Monday Weekend is the Largest Online Spending Event

This year, consumer spending is expected to reach $22.54 billion over the Black Friday & Cyber Monday weekend. Let's uncover how consumer behavior may impact Holiday sales this season.

Source: eMarketer, 2022.

Expect an Increase in Consumer Spending

Most Consumers Will Spend More or the Same As Last Year When Shopping For Holiday Gifts

Over half of US and Canadian Holiday shoppers said they intend to spend the same or more this year than last year, with a little less than half of UK consumers intending to spend the same or more as last year.

Source: Sharethrough Research: “Consumer Holiday Shopping Behavior”, October 2022.

USA christmas ball
69%

of US consumers intend to spend the same or more than last year on holiday gifts

Cad
59%

of Canadian consumers intend to spend the same or more than last year on holiday gifts

UK christmas ball
48%

of UK consumers intend to spend the same or more than last year on holiday gifts

Holiday Shopping to Start in Early October

It’s About Time to Launch Your Holiday Campaigns

In fact, the majority of surveyed consumers in the US, UK and Canada are starting to shop as early as October. Scale your Holiday campaigns today with Sharethrough’s Black Friday & Cyber Monday Packages.

Source: Sharethrough Research: “Consumer Holiday Shopping Behavior”, October 2022.

Sharethrough Packages
calendar
89%

of consumers are planning to begin their Holiday shopping as early as October.

Digital Platforms Influence Gift Ideas

Blogs & Websites Ranked Most Influential Resource for Gifts Ideas

Most people rely on digital platforms to get inspiration for their holiday shopping list. Blogs and websites ranked the #1 most influential resource for gift ideas.

Source: Sharethrough Research: “Consumer Holiday Shopping Behavior”, October 2022.

TikTok sticker

And, no surprise, Tik Tok ranked #1 most influential for 16 - 24 year olds.

2022 Holiday Gifting Influence Ranked by Digital Platform

Chart social media

Ads With Gift Ideas Perform Better

Grab Consumers’ Attention With Gift-Giving Ideas

Consumers are always looking for fresh new ideas to fill their gift baskets. It is no surprise that the search term “gift ideas” peaks on Google between Black Friday and early December.

Source: Sharethrough Research: “Consumer Holiday Shopping Behavior”, October 2022.

Chart
71%

of consumers are more likely to look at ads that have gift suggestions!

Discount Codes Are More Than Welcome

More Consideration Towards Ads With Promotional Offers or Discount Codes

The discount coupon is an age-old strategy which dates back to the late 1880s. And to no surprise: they still work very well today, especially in online advertising where the offer is just one click away.

Source: Sharethrough Research: “Consumer Holiday Shopping Behavior”, October 2022.

Discount
88%

of Holiday shoppers are likely to click on an ad with a discount code or offer.

Draw Attention With Countdown Overlay

Consumers Are More Likely to Remember the Start Date of a Holiday Promotion With CTV Countdown Overlay

We tested commercials with and without CTV Countdown Overlay on real consumers. The result? Consumers that watched a commercial with a countdown were 43% more likely to remember when the promotion starts.

CTV Countdown Overlay →
CTV

Consumers Prefer Videos With Captions

Improve Awareness & Comprehension With Dynamic Video Captions

When consumers see holiday video ads with dynamic captions they are:

96%

more likely to remember the brand name

74%

more likely to remember the message of the ad

Dynamic Caption

Ads With Headlines Perform Better

Improve Message Comprehension & Drive Action With Display & Native

When consumers see banners enhanced with a headline they are:

16%

more likely to remember the brand name

39%

more likely to remember the message of the ad

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