Waiting for the last minute to start shopping may not be the best idea this year. This year, the holidays may take a bit different turn considering the myriad of issues plaguing the retail industry right now, and it’s best to get started with holiday shopping sooner than later.
If you are the type that procrastinates or waits until the last minute before shopping for holiday gifts, we suggest you consider shopping now before you end up paying bigger prices or struggling to get that favourite item. Here are three huge reasons why you should start planning holiday shopping now:
Prices of items are rising every day, and with the current issue plaguing the supply chain and logistics, expect the rising prices to continue till the end of this year on merchandise and gifts in general. Though rising prices is a general “seasonal mark-up,” consumers would probably pay 20-30% more for the same goods this year versus last year.
It’s certain that you will not only be saving more money if you start your holiday shopping now, but you will also find your favourite items more easily than if you wait for the last-minute holiday shopping at the end of the year.
Aside from rising prices, shipping delays are another reason to start planning holiday shopping now. Shipping delay is a result of supply chain issues and you can’t help it other than to prepare for them. You wouldn’t want to order an item on Christmas day that won’t come to you until February or March. Even if the retailer promises air shipping, airports may experience delays too. Also, remember that it’s expensive to ship items quickly. So, it’s better to be on the safe side by planning ahead – you can avoid shipping delays, as well as high costs of shipping, by planning holiday shopping now.
Supply Chain Issues
You may wonder, “how does the supply chain issues affect holiday shopping?” The supply chain is heavily impacted by the COVID-19 pandemic. Both importers and exporters are faced with container shortages, driver and truck shortages, and long delays at the ports as they start to ship goods for the holidays.
Whether you like it or not, this holiday season will be hard for most shoppers, especially for procrastinators who love waiting until the last minute. This is due to several problems in the manufacturing and retail space. To easily get the items you want, and the best prices, you might want to get started with holiday shopping ASAP.
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