'Cheapskate' Online Shoppers Rule The Holidays - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Infrastructure

'Cheapskate' Online Shoppers Rule The Holidays

Out of the 1,047 online buyers polled by Bizrate, 62% thought it was better to recycle an old gift rather than throw it away.

More than 75% of online shoppers have received recycled gifts for the holidays, according to a new survey by Bizrate.

Out of the 1,047 online buyers polled, 62% thought it was better to recycle an old gift rather than throw it away. According to 34%, it is possible to give holiday gifts that aren't expensive, and 42% said that giving an inexpensive novelty gift is different than giving a cheap gift.

Consumers are most likely to give recycled gifts to friends, according to 40%. Nearly 25% said they have given coworkers or relatives used gifts. A small 3% give recycled gifts because they don't want to spend money on other people.

Once a "cheapskate" gift giver engages in the act of re-gifting, they are inclined to do it again, as 34% of respondents have done so twice, 20% have three times, and 14% have recycled gifts on more than five occasions. Out of those receiving this gifts, 97% are too polite to confront the gift giver. According to 67%, they will still be thankful for receiving a gift. Another 35% are sympathetic to the reasons of re-gifting, and only 2% will not thank the giver. Luckily, 95% said that they have never received back a gift they had given.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Commentary
CIOs Face Decisions on Remote Work for Post-Pandemic Future
Joao-Pierre S. Ruth, Senior Writer,  2/19/2021
Slideshows
11 Ways DevOps Is Evolving
Lisa Morgan, Freelance Writer,  2/18/2021
News
CRM Trends 2021: How the Pandemic Altered Customer Behavior Forever
Jessica Davis, Senior Editor, Enterprise Apps,  2/18/2021
White Papers
Register for InformationWeek Newsletters
The State of Cloud Computing - Fall 2020
The State of Cloud Computing - Fall 2020
Download this report to compare how cloud usage and spending patterns have changed in 2020, and how respondents think they'll evolve over the next two years.
Video
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you.
Slideshows
Flash Poll