Radial Research: 3 Takeaways from Radial’s Holiday Shopping Consumer Survey   

The 2024 holiday season will see eCommerce sales grow at the fastest rates since 2021, according to EMARKETER. Now is the time for retailers to finish their preparations for an aggressive peak season. With that in mind, Radial recently conducted research into key holiday shopping trends.  

Here are 3 key takeaways leading brands should consider during 2024’s holiday season. 

There are only 27 days between Thanksgiving and Christmas in 2024, and consumers are adjusting their holiday shopping timelines accordingly. Per Radial’s latest consumer survey, 90% of respondents will start their holiday shopping before December 1. And 31% of consumers intended to kick off holiday shopping by October to capture savings from events like Amazon’s Prime Day and other early promotions. November will continue to generate the most shopping activity, with 42% of consumers planning to launch holiday shopping around major events like Black Friday and Cyber Monday.  

The clock is ticking on an aggressive peak season, and retailers should be prepared to meet surges in consumer demand. In 2024, that means preparing for greater demand in an even shorter window of time—straining workforces and fulfillment operations. 

In addition to a shorter peak season, retailers contend with high customer expectations for peak delivery. Radial’s research shows that 29% of shoppers expect their holiday gifts to be delivered within 2-3 days—a 53% increase year-over-year. Forty-five percent of consumers accept a 3–5-day delivery window, but only 26% of consumers said that waiting a week or more is acceptable.  

Radial’s research also identified that consumers want more control over their delivery experience. More than half of consumers (58%) noted they will likely use a feature to select specific delivery days—if affordable and available. Brands can boost their customers’ experiences by offering varied delivery options to expand both speed and convenience.  

Likewise, leading retailers consider their returns process in addition to their delivery promises. Negative return experiences can affect customer loyalty, and brands may need to assess their current returns management processes to ensure simple, convenient returns. 

The stakes are high: 73% of consumers claim they will not purchase again from a retailer that provided a poor delivery or returns experience during the holiday season. 

Consumers approach the holidays influenced by continued economic uncertainty. Thirty-eight percent of consumers report a smaller budget for holiday gifts this year versus 27% in 2023. Many shoppers will subsequently look for the best promotions, sales, and deals this peak season.  

Radial’s research also reveals that 18% of shoppers expect to use Buy Now Pay Later (BNPL) or other financing options, with Millennials (27%) being the most likely to do so. Many consumers prefer flexible payment methods to manage holiday expenses without reducing gift-giving—despite economic stressors.  

As the holiday season approaches, retailers need to offer competitive pricing and attractive promotions to cater to budget-conscious shoppers. Highlighting flexible payment options such as BNPL can also appeal to consumers seeking to manage spending more effectively.  

By offering personalized services as low-cost upgrades, retailers can also cater to those who are willing to pay for a more customized shopping experience, without alienating price-sensitive shoppers. For example, 55% of Gen Z and 52% of Millennials would pay for gift wrapping at the right price. This creates an opportunity for brands to reduce holiday stress and enhance the shopping experience for key customers.  

Radial’s research underscores the importance of a comprehensive click to delivery experience to boost sales and satisfy customers this holiday season and beyond.  

For retailers partnering with Radial, these insights highlight the importance of seamless logistics solutions to delight customers. Radial’s expertise in efficient order fulfillment and innovative payment solutions aligns with these consumer-driven trends. Retailers are then able to maximize peak season performance and sustain growth. 

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