Press Release
Americans Will 'Deck the Halls' to the Tune of $8 billion Inflatables are the hot new outdoor decoration this holiday season; indoors the trend toward multiple Christmas trees encourages decorators to explore new color schemes
Stevens, PA November 28, 2004—'Black Friday,' the day after Thanksgiving, not only ushers in the official start of the holiday shopping season. It also is the date when people turn on their annual outdoor Christmas lighting displays, according to research from Unity Marketing.
This year Americans will spend $7,966 million on Christmas and Hanukah decorations, up 5 percent from the $7,587 million spent last year. "Christmas is the pinnacle of the annual decorating season. About two-thirds of American households will purchase new decorations this holiday season," says Pam Danziger, president of Unity Marketing and author of Why People Buy Things They Don't Need.
"New holiday decorating concepts give people a reason to buy each season. This year the hot new decorations for outside are lighted inflatables that depict various Christmas-themed and licensed characters as oversized vinyl ballons.
"For inside, the new looks are traditional ornaments rendered in new gem-like colors. While traditional Christmas red and green still dominates, decorators are experimenting with different color schemes, such as burgundy, blue, sage green, purple, pastels, and pinks, on one of their multiple Christmas trees.
"Many families today are going for multiple trees, with an old-fashioned family tree in the den, but more fashion-forward decorative trees in the living room, dining room, foyer, and other public spaces. And more families are spreading the holiday cheer to the bedroom too, with personal trees placed in each bedroom," Danziger says.
Ultimately there is only one reason why people decorate their home for the holidays: Decorations gives an emotional lift and stimulate a mood for celebration. Danziger explains, "People today are expressing a growing desire to use seasonal decorations to create a mood to enhance their enjoyment of different holidays. This represents a bright marketing opportunity for companies that bring innovation and creativity to enhance people's holiday celebrations."
To learn more about consumers' passion for decorations and how marketers and retailers can maximize their opportunities to sell to this market, Unity Marketing conducted a survey among 1,000 U.S. households that decorate their home for different holidays. Included in the survey were questions about their decorating plans for the coming Christmas 2004 season. Highlights follow.
Majority of households will buy new Christmas decorations for the 2004 season Over two-thirds of the decorating households will purchase new decorations for the Christmas 2004 season and expect to spend $115 buying decorations, about the same as last year.
Decorating gets you in the mood to celebrate, while favorite decorations bring back memories People decorate for the holidays to get them in the mood for a happy, memorable celebration. Nearly three-fourths of decorators agree with the statement, "Decorating my home gets me in the mood for celebrating and having fun."
While decorating looks into the future, it is also nostalgic. Bringing out decorations from yesteryear rekindles fond memories. Nearly 70 percent of decorators agree, "I love to bring out my favorite decorations from years gone by; they are like old 'friends' and bring back wonderful memories."
Christmas decorations shoppers will turn first to discount department stores Nearly all decorations shoppers (89 percent) expect to shop at discount department stores for new holiday decorations. Trailing far behind in second place are craft and hobby stores, where 49 percent of shoppers expect to look for new decorations.
Candles are top inside decoration for Christmas 2004 Number one on decorators' indoors decorations shopping list are candles and accessories, followed by: 2) paper and party decorations; 3) garlands, roping, swags, ribbons; 4) live poinsettia plants; and 5) collectible Christmas tree ornaments. Christmas lights, the most purchased indoor decoration last year, didn't make the top of the planned purchase list, suggesting that lights are an impulse item. About one-third of Christmas decorators expect to buy a live Christmas tree this year; 11 percent will purchase an artificial tree.
Outside Christmas lights will brighten this year's celebrations More than half of the decorators plan on purchasing more regular or miniature outdoor Christmas lights this year; 40 percent plan to buy the new icicle or special feature outdoor lights. Ribbons and bows are also at the top of the outdoor decorators' shopping list.
Traditional Christmas Red and Green is favorite decorating color Nearly 70 percent of decorators plan to decorate with traditional Christmas red and green. Gold will be the top metallic accent color, while white and silver will also be popular. Burgundy red will be chosen by one-third of decorators.
Unity Marketing's new study, Holiday Decorating Report, 2004: The Who, What, Where, How Much, and Why of Holiday and Seasonal Home Decorating, studies the decorating and purchase behavior of consumers. It reveals details about which holidays they decorate their homes and what kind of decorations they use. It also provides detail data about purchases for 11 major decorating holidays, as well as party decorating. Attitudes about why people decorate for their home are also included.
About Pam Danziger and Unity Marketing Pamela N. Danziger is a nationally recognized expert specializing in consumer insights with special emphasis on the luxury market. She is president of Unity Marketing, a marketing consulting firm she founded in 1992. Advising such clients as Lenox, Cartier, Herend, Crystal Cruises, Spring Air, Sears, The World Gold Council, The Conference Board and American Express, Danziger taps consumer psychology to help clients navigate and master the changing luxury marketplace. She is the author of the recent book, Why People Buy Things They Don't Need: Understanding and Predicting Consumer Behavior (Chicago: Dearborn Trade Publishing, 2004). Her new book, Let Them Eat Cake: Marketing Luxury to the Masses—as well as the Classes, (Dearborn Trade Publishing, $27, hardcover) will be in book stores January 2005.
She has appeared on CNN's In the Money, NBC's Today Show, CNBC, CNNfn, CBS News Sunday Morning, Fox News, NPR's Marketplace and is frequently called upon by the Wall Street Journal, New York Times, American Demographics, Women's Wear Daily, Forbes, USA Today, Associated Press, Los Angeles Times, Chicago Tribune for commentary and insight. Unity Marketing publishes market research and consumer insight studies on the luxury market, jewelry, garden, pet accessories, home furnishings, gifts and collectibles, greeting card and stationery, tabletop, art and wall décor markets, as well as the Luxury Business newsletter.
For media, Unity Marketing can make tables, charts and graphs available about luxury consumer confidence upon request.
Contact: Pam Danziger, 717-336-1600 |