Thursday, 9 October 2014

Halloween hots up



In a recent market research project carried out by Conlumino on behalf of Webloyalty, it was discovered that almost two thirds (64.5%) of UK consumers will celebrate Halloween in some way this year and they are spending more than ever with spending expected to be up 5.2% on 2013 at £443m.

Both adults and children are preparing to dress up and decorate their homes in order to celebrate the spooky event.

An average spend of £10.77 per head is anticipated, including food, clothing and decorations. Of course, in that food will be confectionery as has always been the case.

And did you know that 82.6% of pumpkins purchased annually are bought at Halloween? I guess I’m not that surprised as it is also the season for them!

So, Halloween is on the up for sure. Whilst we’re not bothered about the sale of fancy dress costumes, we are interested in the general trend as that is sure to have an impact on Halloween confectionery sales.

Get prepared immediately if you are not already! Think about the buying occasions and price points of your customers. A huge number of people buy in sweet treats for the trick or treaters, whilst confectionery is always in demand for Halloween parties, whether for grown-ups or kids.

So don’t ignore the opportunity. Grasp it with both hands. It might only be one day in theory, but the celebrations are sure to last all weekend and many purchases will be close to the date. Make sure you earn some extra cash from it.

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