As a pioneering platform in providing saving solutions for online shoppers, CouponUpto is working hard to prepare for the upcoming Black Friday 2022. Based on the previous years' shopping statistics, the site announced some Black Friday 2022 predictions.
Top Black Friday 2022 Predictions:
1. Black Friday 2022 will begin early
Black Friday 2022 officially falls on Friday, November 25. However, stores and retailers will kick off Black Friday deals and sales earlier this year. Shoppers even can get early Black Friday deals right after Halloween 2022. Target, Walmart, and Best Buy are ready to kick off Black Friday deals with huge early coupons on products across all categories.
Last year, consumers got the first Black Friday sales at the end of October. And CouponUpto found that the discounts were available for consumers mainly coming from the US, UK, Canada, and Australia with accounts for 53%, 21.70%, 10.70%, and 6.30% respectively.
2. Up to 72% of Americans plan to shop on Black Friday 2022
According to the user's search behavior analysis from last year, CouponUpto predicts that up to 72% of Americans plan to shop on Black Friday this year, compared with 65% in 2021.
3. Inflation will impact the prices of goods and Black Friday deals
Global inflation has driven up the price by 8.2% compared to September 2021, according to the International Monetary Fund. And this also affects retailers, too. Retailers will offer higher prices for certain categories. However, they will still offer plenty of bargains during Black Friday sales to help offset that. But the time for grabbing these deals may be shorter.
4. Higher shipping costs on Black Friday 2022
CouponUpto predicts that the shipping cost will continuously increase on Black Friday because of the soaring shopping demand while some supply chain has still not recovered after the pandemic.
Some retailers have to raise the price of goods and reduce delivery costs, while others chose to raise shipping costs and decrease the product price to pass on that cost burden to consumers. According to the statistics of CouponUpto, the number of retailers offering free shipping reduced by 9%, and the discounts with free shipping decreased by 10.7% compared to October 2021.
"Although retailers will constantly provide big deals and coupons on Black Friday 2022, the rising delivery cost will affect the shopping expenses of customers. Consumers should check the shipping costs and the delivery policy carefully to avoid the extra cost. Besides, they should hunt for free shipping deals to save more." Stacy Keibler, Direct Manager, said.
5. Electronics, toys, home and gardening will sell out quickly
According to the data from last year as well as shopping trend analysis in 2022, it is expected that electronics, home and gardening, and toys are the best-selling during Black Friday 2022.
On October 2022, the searches for these verticals on CouponUpto increased quickly. Top searches which users choose to hunt for coupons include electronics (41%), toys (35%), and home and gardening (19%). Followed by clothing, shoes, jewelry, and accessories.
Black Friday 2022 Preparations and Shopping Guides
Along with releasing some Black Friday predictions, CouponUpto also prepares for the upcoming savings event with useful shopping guides for customers. Follow these tips and shoppers never go wrong this shopping season:
Shopping early: As per the above prediction, Black Friday 2022 will start early, so shoppers should shop as soon as possible. The best Black Friday always comes and goes fast, so snag these deals soon.
Hunt for free shipping deals: To cut off expenses, hunting for free shipping is also a great bargain.
Price compare: Let's search and compare prices on the internet for what's on the shopping list. Easily see ratings and reviews for most products, thereby knowing which store has the needed items at a cheaper price.
"Black Friday is the perfect time to make purchases with the best bargain. So, CouponUpto will strive our best to help all customers worldwide with Black Friday sales this year. We constantly upgrade in terms of technology and train humans to bring the best value to our users. Come to CouponUpto, all shoppers can benefit from the great offers, smart shopping tips, and save a maximum." Jackie Keibler, Project Director, shared.
Company Name: CouponUpto
Contact Person: Stacy Keibler
Email: Send Email
Phone: +1 323 744 6998
Address:3639 Union Street
Country: United States