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Communicating value of product will help in today's still-tough economic climate
WHAT IT MEANS AND WHY IT'S IMPORTANT — Retailers are worried about rising gas prices, and apparently for good reason — while consumers aren't scrimping at the pump, what they are spending on more gas means less is spent elsewhere. And value continues to be a key decision influencer — 1-in-5 consumers are holding out for the "big" Memorial Day weekend shopping spree as they trade the traditional beach volleyball for blowout deals; and 4-in-5 consumers are on the look-out for rebates in making their purchase decision.
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Survey: Consumers to trade sand castles for shopping over Memorial Day weekend
CHARLESTON, S.C. — According to findings in two America's Research Group surveys — conducted in late March and in late April — the number of Americans delaying their shopping to Memorial Day weekend is at an all-time high.