GENDER BASED SHOPPING AND CONSUMER PURCHASING: “SALE ENDS TODAY”

Forfattere

  • Barbara A. Manko PhD, Gannon University, Erie, PA, USA
  • Susheel Tom Jose Gannon University, Erie, PA, USA

DOI:

https://doi.org/10.46827/ejmms.v7i4.1299

Nøgleord:

Black Friday, Cyber Monday, digital advertising, shopping experience, big data, marketing analytics, price discount

Resumé

This paper analyzes gender-based shopping and consumer purchasing patterns during Black Friday sales. Black Friday is one of the most popular shopping days around the globe, especially in the United States where Black Friday falls on the day after Thanksgiving. Its popularity has been growing since 2005. Black Friday deals are becoming popular in more than just the United States; they are also popular in Europe and Latin America. This study focuses on gender-based buying habits, how Black Friday shopping differs from other types of shopping, and what kinds of merchandise are most popular during the holiday season and as well as online and in-person shopping trends among customers. In order to support my study, this research paper is based on statistical findings from Finder.com, Financesonline.com, Adobe Analytics and the National Retail Federation.

 

Article visualizations:

Hit counter

Forfatterbiografier

  • Barbara A. Manko, PhD, Gannon University, Erie, PA, USA

    Dr. Barbara A. Manko currently teaches graduate-level courses in the MBA Business Analytics Program at Gannon University in Erie, PA, USA. She earned her Doctor of Science in Information Systems and Communications.

  • Susheel Tom Jose, Gannon University, Erie, PA, USA

    Susheel Tom Jose earned his BA and MA from Mangalore University in India. He is now pursuing an MBA in Business Analytics at Gannon University in Erie, PA, USA.

Referencer

Aher, A. Kannan, R, Vispute, S. (2021, August 7). IJERT-data analysis and price prediction of Black Friday sales using machine learning techniques. International Journal of Engineering Research and Technology (IJERT). 10(7). Retrieved December 11, 2021, from https://www.academia.edu/50777101/IJERT_Data_Analysis_and_Price_Prediction_of_Black_Friday_Sales_using_Machine_Learning_Techniques

Bajdor, P. (2021). Simulations of the relationship between the experience level of e-commerce customers and the adopted variables - implications for management in the area of online shopping. Procedia Computer Science, 192, 2576-2585. https://doi.org/10.1016/j.procs.2021.09.027

Beig, F. A., & Nika, F. A. (2022;2019;). Impact of brand experience on brand equity of online shopping portals: A study of select E-commerce sites in the state of Jammu and Kashmir. Global Business Review, 23(1), 156-175. https://doi.org/10.1177/0972150919836041

Bucko, J., & Kakalejčík, L. (2018). website usability and user experience during shopping online from abroad. E+M Ekonomie a Management, 21(3), 205-219. https://doi.org/10.15240/tul/001/2018-3-013

Cleary, R., & Chavas, J. (2021;2022;). Strategic supermarket pricing of private labels and manufacturer brands. Empirical Economics, 62(6), 2921-2950. https://doi.org/10.1007/s00181-021-02123-2

Eira, A. (2021, February 9). 78 Black Friday statistics you must read: 2020/2021 market share & data analysis. Financesonline.com. Retrieved December 11, 2021, from https://financesonline.com/black-friday-statistics/#:~:text=Black%20Friday%20Sales%20Statistics%20Black%20Friday%202020%20came,of%20about%2022%25%20YoY%20to%20around%20%249%20billion.

Gabel, S., & Timoshenko, A. (2022; 2021). Product choice with large assortments: A scalable deep-learning model. Management Science, 68(3), 1808-1827. https://doi.org/10.1287/mnsc.2021.3969

Girdler-Maslen, B. (2021, October 22). When is black Friday 2021? Key dates, deals and retailers to shop. T3. Retrieved December 11, 2021, from https://www.t3.com/us/news/when-is-black-friday-2021-dates-deals-and-retailers.

Griva, A., & Dennehy, D. (2021). Mining segmentation patterns using e-commerce retail data: An experience report. Responsible AI and analytics for an ethical and inclusive digitized society (pp. 545-551). Springer International Publishing. https://doi.org/10.1007/978-3-030-85447-8_45

Hayes, A. (2021, December 7). Black Friday (Holiday Shopping. Investopedia. Retrieved December 11, 2021, from https://www.investopedia.com/terms/b/blackfriday.asp.

Jalili, M., & Pangburn, M. S. (2021). Understanding the value of delayed discounts in retail rewards programs. Decision Sciences, 52(4), 952-985. https://doi.org/10.1111/deci.12474

Jensen, J. M. (2012). Shopping orientation and online travel shopping: The role of travel experience. International Journal of Tourism Research, 4;14;(4;1;), 56-70. https://doi.org/10.1002/jtr.835

Johnson, R. L., Nambiar, D., & Suman, G. (2022;2021;). Using eye‐movements to assess underlying factors in online purchasing behaviors. International Journal of Consumer Studies, 46(4), 1365-1380. https://doi.org/10.1111/ijcs.12762

Laycock, L. & Choi, C. (2021, November 8). Black Friday statistics 2021. Finder.com. Retrieved December 11, 2021, from https://www.finder.com/black-friday-statistics#:~:text=While%20approximately%2087%25%20of%20each%20gender%20population%20are,do%20men%20and%20women%20spend%20on%20Black%20Friday%3F.

Lewis, M. (n.d.). Men vs. women: Differences in shopping habits & buying decisions. Money Crashers. Retrieved December 11, 2021, from https://www.moneycrashers.com/men-vs-women-shopping-habits-buying-decisions/.

Michaud Trevinal, A., & Stenger, T. (2014). Toward a conceptualization of the online shopping experience. Journal of Retailing and Consumer Services, 21(3), 314-326. https://doi.org/10.1016/j.jretconser.2014.02.009

NBC Universal News Group. (2016, November 27). Who spent the most on Black Friday? You might be surprised. NBCNews.com. Retrieved December 11, 2021, from https://www.nbcnews.com/business/consumer/who-spent-most-black-friday-you-might-be-surprised-n687571.

Peinkofer, S. T., Esper, T. L., Smith, R. J., & Williams, B. D. (2022;2021;). Retail "save the sale" tactics: Consumer perceptions of in‐store logistics service recovery. Journal of Business Logistics, 43(2), 238-264. https://doi.org/10.1111/jbl.12294

Rose, N., & Dolega, L. (2021;2022;). It’s the weather: Quantifying the impact of weather on retail sales. Applied Spatial Analysis and Policy, 15(1), 189-214. https://doi.org/10.1007/s12061-021-09397-0

Shand, M. (2021, November 17). Black Friday shopping trends for 2021: Consumer excitement for cyber week shopping. BlackFriday.com. Retrieved December 11, 2021, from https://blackfriday.com/news/black-friday-shopping-trends-for-2021.

Sheehan, D., Hardesty, D. M., Ziegler, A. H., & Chen, H. (. (2019). Consumer reactions to price discounts across online shopping experiences. Journal of Retailing and Consumer Services, 51, 129-138. https://doi.org/10.1016/j.jretconser.2019.06.001

Singh, R. (2019). Why do online grocery shoppers switch or stay? an exploratory analysis of consumers’ response to online grocery shopping experience. International Journal of Retail & Distribution Management, 47(12), 1300-1317. https://doi.org/10.1108/IJRDM-10-2018-0224

Thomas, L. (2018, November 28). Black Friday pulled in a record $6.22 billion in online sales: Adobe Analytics. CNBC. Retrieved December 11, 2021, from https://www.cnbc.com/2018/11/24/black-friday-pulled-in-a-record-6point22-billion-in-online-sales-adobe.html.

What is Black Friday? TheBlackFriday.com. (n.d.). Retrieved December 7, 2021, from https://www.theblackfriday.com/what-is-black-friday.shtml.

References for Figures

Figure 1:

Girdler-Maslen, B. (2021, October 22). When is Black Friday 2021? Key dates, deals and retailers to shop. T3. Retrieved from https://www.t3.com/news/when-is-black-friday-2021-dates-deals-and-retailers

Figure 2:

Shand, M. (2021, November 17). Black Friday shopping trends for 2021: Consumer excitement for cyber week shopping. BlackFriday.com. Retrieved from https://blackfriday.com/news/black-friday-shopping-trends-for-2021?amp=true

Figure 3:

Laycock, R. & Choi C. (2021, November 8). Black Friday spending statistics 2021. finder.com. Retrieved from https://www.finder.com/black-friday-statistics

Figure 4:

Laycock, R. & Choi C. (2021, November 8). Black Friday spending statistics 2021. finder.com. Retrieved from https://www.finder.com/black-friday-statistics

Figure 5:

Laycock, R. & Choi C. (2021, November 8). Black Friday spending statistics 2021. finder.com. Retrieved from https://www.finder.com/black-friday-statistics

Figure 6:

Ouellette, C. (2022, January 7). Online shopping statistics you need to know in 2022. OptinMonster. Retrieved from https://optinmonster.com/online-shopping-statistics/

Figure 7:

Charlton, G. (2021, May 4). Black Friday ecommerce: Stats and trends. Ecommerce Guide. Retrieved from https://ecommerceguide.com/guides/black-friday-ecommerce-stats-and-trends/

Figure 8:

Hayes, A. (2022, February 25). Black Friday (Holiday Shopping). Investopedia. Retrieved from https://www.investopedia.com/terms/b/blackfriday.asp

Figure 9:

Hayes, A. (2022, February 25). Black Friday (Holiday Shopping). Investopedia. Retrieved from https://www.investopedia.com/terms/b/blackfriday.asp

Figure 10:

V., A. (2022, May 27). Black Friday marketing tips and strategies for 2022. Hostinger Tutorials. Retrieved from https://www.hostinger.com/tutorials/black-friday-marketing

Downloads

Publiceret

2022-08-08

Nummer

Sektion

Articles