There's a bigger promotional window for retailers. It helps everyone, but it helps the Internet specifically because many times you're dealing with shipping times. You're not getting that instant gratification of purchasing it that day.
More Quotes from Scott Krugman:
It is an easier last-minute gift. For people that are trying to avoid the long lines or as the apparel selection starts to thin out, I think you will see more people turning to gift cards today.Scott Krugman
This is probably going to be one of the hardest holiday seasons to predict. Last year, you knew what happened, you had an event, Sept. 11. Now, you have a weakened economy, employment issues, and you have consumers not knowing what's going to happen as far as corporate scandals, a double-dip recession and obvious questions about our current war on terrorism.
Scott Krugman
The consumer has proved more resilient than many thought. We're still in the middle of a very busy week that can account for 10 to 15 percent of holiday sales, especially with all the unredeemed gift cards. It's not over yet.
Scott Krugman
Passing these costs on to consumers is the last option. . . . There's too much competition out there.
Scott Krugman
It's way too early to actually tell its impact. Such a small fraction of consumers have gotten them. People will use them to supplement back-to-school shopping budgets and home improvement projects people have been putting off.
Scott Krugman
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