’Tis the season for gift giving! While fun, holiday shopping can also get overwhelming really fast. With today’s global supply chain issue in the mix this year, retailers have experienced extra challenges delivering the newest toys, gadgets and gifts to eager shoppers.
Luckily, we have compiled five shopper savvy tips to proactively combat any shipping delays and holiday shopping stress this season.
1. Set a Budget.
Once you decide who you plan on gifting this year, determine a budget you’ll stick to. With Mobile and Online Banking, you can create custom alerts to monitor your balance, track spending and avoid going over budget. After purchasing a gift, mark the name off your list to prevent gifting the same person twice or forgetting someone on your list.
2. Start Early, Ship Now.
Don’t wait until the last minute! Consumer demands are taxing overseas cargo shipments. Start your holiday shopping early and ship gifts to their destination as soon as possible to avoid any delays and to avoid expedited shipping costs.
3. Shop Online.
Online purchases were up by $900 million in 2020 and trended even higher in 2021! To keep up, many retailers are promoting great online deals to attract customers who are hesitant to shop in-store. More often than not, you can find a discount code, coupon, or even stack the two for more savings!
4. Opt for Gift Cards.
With supply chain issues under pressure, gift cards are a perfect solution if you get started a little late in your holiday shopping. Union Bank offers Visa® gift cards as a backup option in case the expected shipping delays impede holiday shopping plans. Additional benefits of giving a gift card include quick convenience and an easy way to shop for that person on your list who is difficult to shop for.
5. Don’t Buy Just Because It’s a Great Deal
Deals are always tempting, but don’t get caught up in a discount and become victim to accidental overspending. Be judicious during these holiday sales. In most events, your family or loved one would be happier to receive a heartfelt Christmas card with a gift card inside rather than a high-ticket item you got on sale that they don’t really need.