With Christmas on its way, you need to know what to get for your friends and family. There are many gifts on the market but you need to know if they are going to last. The BRC-KPMG retail sales monitor for November 2012 has great signs for the products that are coming out on the market.
It also suggests that many retail stores have shown an increase with the amount of sales and other promotions being related to Christmas sales. The expected seasonal projections was seen during the US Black Friday shopping made it real easy with the lowered prices brought more people out to shop.
Shoppers are not wasting any time to get their Christmas shopping done when the prices are low. The real nice thing is that this trend is catching on in the UK as well as cyber Monday.
There is no surprise that the biggest sales profit margin came from the sales of smartphones and tablets. The director general, Stephen Robertson said that online buyers recovered sales momentum that was lost earlier this year in August. In November, all across the UK sales rose 0.4% and has went up another 0.7% when compared to this time in 2010.
The head of retail, David McCorquodale said that November is going to be a month that they are going to have to wait and see what the retail sales do. It is hard to make predictions when new products are hitting the market. He also went on to say that consumers know what they can spend for the holiday season but they are trying to hold off for as long as they can to see if they can get a better deal.
Trying to find a bargain is the best thing you can do as a consumer but for the retailer, bargains can only be there for so long otherwise they will start losing money. This is why you see many retailers will only have a sale while supplies last.