- 35% of online shoppers will do most of their Christmas shopping during Black Friday sales
- A further 18% will do most of their shopping during Click Frenzy and Cyber Monday
- Almost twice as many under-50s (66%) than over-50s (36%) will shop the sales
New research has revealed that the pre-Christmas sales trifecta – Click Frenzy, Black Friday and Cyber Monday – will see 53 per cent of Australian online shoppers bring their holiday spending ahead this year to secure bargain gifts. Black Friday is set to capture a sizable Christmas market share this year, with Aussies holding off spending on either side of the event – in contrast to 2023, when Australia’s retail turnover fell by 0.4 per cent in October before a 2 per cent jump in November[1] and a 2.7 per cent drop in December when the sales ended.[2]
The findings come from Australia’s fastest-growing franchised courier service, CouriersPlease, which commissioned an independent, nationally representative survey of 1007 Australians who shop online to gauge how major sales events, held predominantly in November, are influencing Christmas shopping habits. This year, Click Frenzy is on November 11-15, Black Friday is November 29, and Cyber Monday falls on December 2.
The full survey results, with age and State and Territory breakdowns, can be found here.
How November became the new Christmas shopping season
One in three (35%) of survey respondents said they would do their Christmas shopping early to buy gifts at bargain Black Friday prices. By comparison, 21 per cent of survey respondents said they would hold off until in mid-December, 11 per cent will buy during Click Frenzy and 7 per cent during Cyber Monday.
The survey also revealed that last year more respondents did their Christmas shopping at the last minute, with 40 per cent of respondents making purchases in mid-December.
Black Friday sales twice as popular among under-50s
CouriersPlease found that under-50s are more likely to get their Christmas shopping done during Black Friday sales this year (43% will shop at the sale, compared with 23% of over-50s). Two thirds (66%) of under-50s will buy Christmas gifts across all three sales, compared with just one third (36%) of over-50s.
In contrast, over-50s are more likely to forego Christmas shopping altogether (27% won’t shop at all, compared with 9% of under-50s).
Richard expects the popularity of these pre-Christmas sales is also expected to keep growing as cost-of-living pressures continue. The Consumer Price Index (CPI) rose 3.8 per cent in the 12 months to June 2024 with the most significant increases being in housing, food, clothes and footwear.[3]
The full survey results, including age and State and Territory breakdowns, can be found here.
ENDS
About CouriersPlease
CouriersPlease is Australia’s fastest growing franchised courier and parcel delivery service, providing shipping solutions for E-Commerce retailers and traders across the nation. Celebrating 40 years of success in 2023, CouriersPlease continues to experience exponential year-on-year growth and is the trusted courier partner for Australia’s leading retail brands through its independent Franchise Partners and network affiliates. The company is fully owned by Singapore Post (SingPost), a leader in E-Commerce logistics that provides innovative mail and logistics solutions in Singapore and around the world, with operations in 19 markets. CouriersPlease is a multi-award-winning courier service, receiving a 5 Star rating on the FRANData Franchise Rating Scale and winning the NORA (National Online Retailers Association) Solution Partners Best Carrier Award in 2023. With 800+ active franchise territories and 400 support staff across 18 depot locations, CouriersPlease is committed to upholding its company values of Safety, Trust, Total Customer, One Team, Top Execution and Transformation. Visit couriersplease.com.au
[1] Black Friday sales lift retail turnover in November | Australian Bureau of Statistics (abs.gov.au)
[2] Retail sales fall in December following Black Friday | Australian Bureau of Statistics (abs.gov.au)
[3] Consumer Price Index, Australia, June Quarter 2024 | Australian Bureau of Statistics (abs.gov.au)