Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Online Traffic Set to Peak on Boxing Day, Reveals Pricespy

Online Traffic Set to Peak on Boxing Day, Reveals Pricespy


If online shopping is to take a similar pattern to 2016, traffic is set to peak on Boxing Day, according to PriceSpy.co.nz, where up to 40% of items listed on the website are expected to be reduced.

PriceSpy.co.nz also expects online traffic to be around 2.5 times higher than the average day throughout December, so bigger than the Christmas shopping frenzy!

Liisa Matinvesi-Bassett, New Zealand country manager for PriceSpy.co.nz, New Zealand’s biggest online price comparison site, says: “With so many products being discounted, it’s of no great surprise that the Boxing Day sales prove to be so popular with bargain-savvy Kiwis.

“Boxing Day is by far the cheapest day of the month, with prices beginning to drop from around 22nd December and remaining low until the end of the month and early into January.

“In fact, those that wait to do their shopping just one day after Christmas Day can expect to receive an average saving of around 17% per product. With almost a third (30%) of items listed on PriceSpy.co.nz on Boxing Day 2016 at a lower price than a week earlier, so it saves to wait!”

For those setting their New Year’s Resolutions to save money and get fit – there’s more good news in store! PriceSpy.co.nz can reveal gadgets such as activity trackers are predicted to offer huge discounts after Christmas, with the average saving expected to be around 58%. Other products likely to offer money off post-Christmas include portable speakers (offering an average discount of 19%) and headphones (offering an average discount of 18%).

Matinvesi-Bassett continues: “Our data clearly demonstrates the closer you get towards Christmas, the bigger the savings consumers can potentially receive. This is especially so for the more popular items like speakers, headphones, activity trackers, perfumes and toys

With the festive period set to be a scorcher, PriceSpy.co.nz also reveal that Kiwis are on the search for fans, to help them keep cool in the midday heat. In addition, they are also keeping an eye on the prices of barbeques, to make the most of those long summer evenings!

Matinvesi-Bassett concludes: “Our historical data already shows a clear spike in the number of people searching for fans. Kiwis need to buy wisely however, as the most popular fan on the market (Dyson AM06), is priced at its highest over the summer, peaking at $486. Out of season this same product is priced over $100 cheaper ($365 in May 2017).

“Kiwis are also hunting out barbeques at this time of year as according to our data, the popularity of barbeques in New Zealand can increase five-fold during the summer months. If this heatwave is anything to go by, this year it may be even higher!”

To help Kiwi consumers avoid panic buying and purchasing items when they are priced at their most expensive, PriceSpy.co.nz encourages shoppers to download the PriceSpy app and set up price alerts for the items they are looking to buy. This will automatically monitor the price of the items from their phone and they will notified when there is a price change. Alternatively, using the barcode scanner in store will let shoppers compare prices across different retailers.


ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Banking: Westpac NZ Lowers Merchant Fees For Small Businesses

Westpac NZ is rolling out a new merchant fee pricing structure that will lead to cost savings for more than 10,000 small and medium Kiwi businesses, and could make contactless transactions more widely available for customers. On 1 September, most ... More>>

REINZ: Million Dollar Plus Property Sales Increase 11.7% Nationally

The number of properties sold around the country for one million dollars or more during the first half (H1) of 2020 increased by 11.7% compared to H1 2019, with 5,426 million-dollar plus properties sold (up from 4,858 in H1 2019) according to the Real ... More>>

Waste: Government To Regulate Plastic Packaging, Tyres, E-Waste

The Government is stepping up action to deal with environmentally harmful products – including plastic packaging, tyres and e-waste – before they become waste. As part of the wider plan to reduce the amount of rubbish ending up in landfills, ... More>>

ALSO:

Bankers Association: Banking Becomes First Living Wage Accredited Industry

Banking has become New Zealand’s first fully living wage accredited industry, leading to nearly 1800 employees and contractors moving onto the living wage and gaining greater economic independence for them and their families. As of today, all ... More>>

ALSO:

Economy: Funding For 85% Of NZ Not-For-Profit Entities Impacted By COVID-19

Results of a recent Institute of Directors poll show that 85% of board members on not-for-profit organisations say COVID-19 has moderately or significantly affected their funding. The ‘pulse check’ conducted in the first two weeks of July looked ... More>>

Volcano Detection: Eruption Alert System Would Have Given 16 Hours’ Warning At Whakaari

An alert system that could have given 16 hours’ warning of last year’s eruption at Whakaari/White Island is ready for deployment, University of Auckland scientists say, with warning systems for Ruapehu and Tongariro the next priority. ... More>>


Property: Queenstown Rents Experience Biggest Drop In Seven Years

Rental prices in the Queenstown-Lakes district saw the biggest annual percentage drop in seven years after falling 28 per cent on June last year, according to the latest Trade Me Rental Price Index. Trade Me Property spokesperson Aaron Clancy said ... More>>

Seismology: The Quiet Earth

As many daily activities came to a halt during lockdown, the Earth itself became quiet, probably quieter than it has been since humans developed the technology to listen in. Seismologists have analysed datasets from more than 300 international ... More>>

RNZ: James Shaw Says Kiwibank, Not Ministers Should Decide On Investors

Climate Change Minister James Shaw says Kiwibank's decision to stop doing business with companies dealing in fossil fuels is the right one. More>>

ALSO:

FMA: Kiwis Confident Financial Markets Will Recover From COVID-19, Plan To Increase Investments

Despite the majority (60%) of investors experiencing losses as a result of COVID-19, the outlook on investing remains positive, according to a Financial Markets Authority (FMA) survey. Most Kiwis (71%) were optimistic that the pandemic will pass eventually ... More>>

FIRST Union: Warehouse Using Covid For Cover As Extensive Restructure Makes Everyone Worse Off

(FIRST Union comments on The Warehouse consultation and proposed restructure) 'Unfortunately the Warehouse have done the disappointing thing and used Covid-19 to justify a bunch of operational business decisions that will leave hundreds of workers without jobs ... More>>

ALSO:

Stats NZ: Mixed Performance By Regions Leaves National Emissions Picture Unchanged

Approximately two-thirds of New Zealand’s regions recorded decreases in their total greenhouse gas emissions, while one-third of regions saw increases between 2007 and 2018, Stats NZ said today. “While some regions reduced their emissions, ... More>>

RNZ: Economic Activity And Business Confidence Bouncing Back

Two surveys from ANZ show business confidence and economic activity have rebounded, but uncertainty about the future remains extreme. More>>

ALSO: