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Thanksgiving — The Overlooked Q4 Opportunity
The focus on Christmas and Hanukkah
during the fourth quarter of the
calendar year is understandable given the
gift-giving nature around these holidays. In
fact, November and December account for
more than a quarter of annual housewares
and small appliances sales.
However, we often forget that there are
other life moments during the all-important
Q4 that are also terrific opportunities for the
home industry. Back-to-school events, fall
grilling and Halloween each have their own
unique needs that our industry can support,
and Thanksgiving is the most obvious of the
overlooked Q4 opportunities.
About Housewares MarketWatch
Housewares MarketWatch reports
point-of-sale (POS), consumer survey,
and Checkout
SM consumer receipt-based
data from NPD databases. The quarterly
data covers various product categories
within the divisions of Small Appliances,
Non-electric Housewares, and Home
Textiles. The information contained on the
following pages is offered as a snapshot
of a category’s performance, including
perspective crossing each of the
mentioned information sources.
Each issue of Housewares MarketWatch
will feature several categories from the
Small Appliances, Housewares, and
Kitchen and Dining Textiles divisions.
Complete data on a category can be
purchased by visiting NPD’s website atwww.npd.com.
Capitalize on social influence
Given the social nature of Thanksgiving,
this is a terrific time for innovative ways to
market, merchandise and message our
products. Embracing the social side of this
holiday can help bring products to life for
the consumer. As the influence of friends
and family continues to increase with the
growth of social media, the doors open
for multiple purchases, and utilizing
BOGO offerings.
Meal assistance, from prep to
leftovers
The top growing items in the November
weeks leading up to Thanksgiving clearly
display that consumers are buying items to
help make the meal, cook a variety of foods,
serve the meal and store the leftovers.
Today, consumers are either baking less
in an effort to embrace a high protein/low