The National Retail Federation (NRF) expects total retail sales to reach up to $4.44 trillion by the end of 2021. That’s a growth rate between between 10.5% and 13.5% compared to 2020.
The jump in retail is likely due to growing consumer confidence as pandemic restrictions have eased throughout 2021 with COVID-19 vaccines being readily available. (Source: Retail Leader)
2021 Holiday Season
In 2020, 42% of North American shoppers discovered a brand or product on social media via a sponsored post or paid ad.
70% of North American shoppers took at least one action to support a local or independent small business during the holiday season.
This year, Consumers have an increased interest in deals and wanting to minimize in-store shopping so it is anticipated that participation in mega sales events, like Black Friday and Cyber Monday, will increase. (Source: Facebook)
2021 Holiday Paid Ads
Support your retailers and join your consumers online this holiday season with… Promoboxx paid ads!
Promoboxx paid ads will drive sales at a local level to targeted consumers… and did we mention we have zero ad fees?
Learn more by scheduling a 1:1 strategy meeting with our paid ads team today!