New Retail Therapy Intel: Reach Consumers Suffering From COVID Fatigue
Top 10 Items Purchased During the Pandemic
- Fitness equipment (70%)
- Paints and paintbrushes (23%)
- Loungewear (18%)
- Board games (16%)
- A pet (14%)
- Canvases (14%)
- Home nail kit/gel lamp (14%)
- Jigsaw puzzles (13%)
- Reading or sleeping pillow (13%)
- Baking set (12%)
Top 5 Interesting Items Purchased During the Pandemic
- Home tattoo kit (7%)
- Hot tub (5%)
- Butter churn (4%)
- Pinball machine (4%)
- Sponsoring a llama (2%)
Experiential purchases are coming back, as consumers aspire to build a sense of normalcy. Nearly half of respondents (43%) would like to spend more money on social outings, like restaurant trips and vacations, in 2022. And companionship is still top of mind, with 13% reporting they’d like to spend money on a furry friend this year.
“2021 was a rollercoaster and our purchases reflect that. In times of confusion and unrest, we seek not just comfort and stability, but meaning and fulfillment,” said York. “We swapped our suits for sweatsuits, picked up new hobbies, and invested our time and money in items that sparked joy and cultivated contentment.”
“In 2022, as a nation, we're hoping to get off that rollercoaster and exchange physical possessions for experiences, as well as take more time and care in our purchasing decisions," she added.