Lockdown lifting to signal surge in spending


Lockdown lifting to signal surge in spending

Brands should anticipate a surge in spending over the coming weeks, as today’s lockdown lifting marks the start of a season of shopping for consumers – with interest in going out garments and holiday accessories set to soar amongst the old and the young.

That’s according to new consumer research carried out by eBay Ads UK, which reveals that 20 per cent of consumers surveyed have more disposable income compared to pre-pandemic and 69 per cent already have a priority purchase in mind for when lockdown lifts – demonstrating a need for brands to ensure they’re engaging customers with the most relevant content well ahead of key lifting dates if they’re to win their share of spend.

Brits glam up to go “out out”

Clothing is set to be a key purchase for many consumers, with the research finding that one in five respondents (22 per cent) plan on buying new clothes as a priority once lockdown lifts  meaning brands should be ready to reach out to a new wave of people looking for a fashion refresh.

But shoppers won’t just be after any old attire. Supporting analysis of shopper behaviour on ebay.co.uk carried out by eBay Ads UK indicates that ‘going out’ getups will be the key focus for consumers as they ditch their joggers for new night-out outfits before pub gardens open this April.

On 27 June 2020, a week before UK pubs reopened following the first lockdown, searches for ‘skinny jeans’ on the site jumped 47 per cent compared to the day before, while searches for ‘hoop earrings’ and ‘fake eyelashes’ increased by 27 per cent and 24 per cent respectively in the same timeframe.

Older generations ready to hit the pubs

The new research also reveals that older generations are just as keen to go out on the town as younger ones, so brands should ensure they’re engaging with a wide spectrum of people readying to party. While just over a quarter (26 per cent) of 16-24-year-olds say they are most excited to go to a pub, bar or nightclub when the current lockdown lifts, this excitement is closely followed by that of the 55+ age group, with 23 per cent reporting that this too would be their priority.

Insights from eBay Ads UK also demonstrate that older generations were some of those most keenly prepping for a night out as lockdown lifted last year.

On 27 June 2020, a week before pubs and bars first reopened, searches on ebay.co.uk for ‘high heels’ made by shoppers aged 55 and above surged 53 per cent overnight, compared to a 29 per cent uplift for shoppers aged 18-34. Meanwhile searches for ‘clutch bag’ made by shoppers aged 55 and over rose 55 per cent, compared to a 53 per cent increase amongst 18-34-year-olds.

Sun seekers get set for the jet set  

While some Brits are keen to hit the pubs and clubs, many are raring for a break. 38 per cent of consumers surveyed say that post lockdown they are most excited to go on holiday – which comes second only to the excitement of seeing friends and family (40 per cent).

Once again older generations lead the way, with 43 per cent of consumers aged 55 and over saying they were most excited to go on holiday when lockdown ends, compared to 30 per cent of 16-24-year-olds.

However, when it comes to preparing for trips away, the research found that the youngest generations are most likely to purchase holiday clothes and essentials. 21 per cent of 16-24-year-olds and 18 per cent of 25-34-year-olds surveyed say they are planning on purchasing holiday clothes as a priority when lockdown ends, compared to just 9 per cent of those aged 55 and over. Meanwhile 12 per cent of 16-24-year-olds are planning on buying holiday essentials, such as suitcases, compared to 3 per cent of those aged 55 and over.

With shopper insights from eBay Ads also finding that searches in the ‘holidays and travel’ category on the site shot up 75 per cent as travel corridors opened up in July 2020 (compared to the month before), it’s clear brands should be well prepared to cater to a boom in travel interest once restrictions lift.

Harmony Murphy, GM advertising UK at eBay, said: “We know that Brits are itching to start living their lives to the fullest as lockdown restrictions lift, and these insights demonstrate that brands need to ensure they’re engaging excited consumers with relevant products and content in advance of key moments – whether they want to go out on the town or go on holiday.

“Brands mustn’t forget to keep an open mind and tap into the freshest data to ensure they’re engaging with audiences that might be less predictable, but just as important. For instance, with the older generation on track to receive their first and second Covid-19 vaccinations within the coming weeks, brands would be wise to ensure they are not overlooking this important demographic longing to make the most of their newfound freedom.”

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