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5 Important Things You Should Know to Navigate the Upcoming Holiday Season Successfully
Why you shouldn’t wait for Black Friday deals, especially on toys
Last year’s holiday season was disappointing, to say the least. Most of us did not get to see our friends and family members, let alone share holiday meals or exchange gifts in person due to the pandemic. Hopefully, this year will be a bit better, but you should be aware of several factors that may impact your seasonal plans and adjust accordingly. Here are a few tips to make your season brighter.
1 — Do your gift shopping now, even online
You may have heard that a toy shortage is brewing, but the reasons behind it will impact other holiday purchases as well. Factories in China are still churning out plenty of merchandise, but what’s finding its way to sellers is diminishing because there’s a shipping container shortage.
When the supply is low, and the demand is high, prices can rise dramatically. So the more it costs sellers to acquire goods, the more they’re going to charge you in turn.
But it's not just about shipping containers. Thanks to Hurricane Ida’s impact on oil refineries, gas prices are rising. This will impact delivery costs to stores and online sellers, and their buyers.