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

Barbara A. Manko, Susheel Tom Jose

Abstract


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


Keywords


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

Full Text:

PDF

References


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




DOI: http://dx.doi.org/10.46827/ejmms.v7i4.1299

Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Barbara A. Manko, Susheel Tom Jose

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

The research works published in this journal are free to be accessed. They can be shared (copied and redistributed in any medium or format) and\or adapted (remixed, transformed, and built upon the material for any purpose, commercially and\or not commercially) under the following terms: attribution (appropriate credit must be given indicating original authors, research work name and publication name mentioning if changes were made) and without adding additional restrictions (without restricting others from doing anything the actual license permits). Authors retain the full copyright of their published research works and cannot revoke these freedoms as long as the license terms are followed.

Copyright © 2017-2023. European Journal of Management and Marketing Studies (ISSN 2501 - 9988) is a registered trademark of Open Access Publishing GroupAll rights reserved.

This journal is a serial publication uniquely identified by an International Standard Serial Number (ISSN) serial number certificate issued by Romanian National Library. All the research works are uniquely identified by a CrossRef DOI digital object identifier supplied by indexing and repository platforms. All the research works published on this journal are meeting the Open Access Publishing requirements and standards formulated by Budapest Open Access Initiative (2002), the Bethesda Statement on Open Access Publishing (2003) and  Berlin Declaration on Open Access to Knowledge in the Sciences and Humanities (2003) and can be freely accessed, shared, modified, distributed and used in educational, commercial and non-commercial purposes under a Creative Commons Attribution 4.0 International License. Copyrights of the published research works are retained by authors.