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Consumers losing faith in 'Black Friday' and 'Cyber Monday' shopping!

Consumers losing faith in 'Black Friday' and 'Cyber Monday' shopping!
Jennifer Long
Jennifer Long
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Research published by the Competition and Consumer Protection Commission (CCPC) has revealed that overall interest in Black Friday and Cyber Monday sales shopping has significantly decreased from last year.

Only 36% of people surveyed expect to make a purchase in the upcoming sales events - compared to 45% last year - while less than a third (30%) of consumers trust that discounts displayed by businesses are genuine.

However, the research did find that Black Friday sales shoppers expect to spend more with the average expected spend up to €431 compared to €343 in 2023.

On this morning's (Monday's) 'Deise Today', Damien spoke to Waterford woman Grainne Griffin who works as a consumer rights expert with the 'Competition and Consumer Protection Commission'.

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You can listen back to their chat by clicking on the image above.

 

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