Black Friday spending will rise in 2023. The average Black Friday shopper spent £184.55 this year (up from £171.66 in 2022). This is a web-first event. By 2023, 76% of Black Friday spending will take place online. Despite the extension of the Black Friday period, it remains the most popular day for shopping. 62% of spending during Black Friday will occur on Black Friday itself. Christmas presents are the main driver of Black Friday shopping, but spontaneous buying and gift-giving also play a role. 54% of shoppers use Black Friday to buy Christmas gifts. Consumers are skeptical about who benefits from Black Friday and don't believe it's themselves. 10% of Brits believe that consumers are the main beneficiaries of Black Friday, and 31% believe that Amazon is the biggest beneficiary. Consumers also don't trust Black Friday to give them the best deals. 37% of UK consumers believe they get the best deal of the year on Black Friday. The biggest winner is Amazon. In the UK, 54% of Black Friday purchases were made on Amazon. Retailers and brands must work to offer better discounts and improve availability, delivery and returns to entice consumers to spend more. 67% of UK consumers said bigger discounts would encourage them to spend more on Black Friday. Environmental influence on purchases remains limited, but consumers will choose sustainable options if given the opportunity. 58% of UK Black Friday shoppers said they would choose sustainable delivery methods such as Amazon same-day delivery. |
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>>: National Retail Federation: 2023 U.S. Holiday Shopping Report
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