The holiday season is just around the corner and Americans will be spending more on gift-giving this year. The National Retail Federation (NRF) expects retail sales in November and December (excluding autos, gas and restaurants) to increase a solid 3.6 percent to $655.8 billion – higher than the 10-year average of 2.5 percent and above the 7-year average of 3.4 percent since recovery began in 2009. Additionally, NRF is forecasting online sales to increase between 7 and 10 percent over last year to as much as $117 billion.
That’s a lot of spending. Our holiday campaign this year focuses on smart spending. Our employee purchase program is designed to impact holiday spending three ways:
- No overspending – With pre-set spending limits and controls in place to prevent overspending, Purchasing Power customers will be assured they don’t break the budget.
- Transparent transaction – With our products and services, there are no additional fees beyond the all-inclusive price. Our price includes the product, warranty, shipping and taxes and sometimes even some value-add products and features.
- Pricing policy – On an ongoing basis, we conduct price monitoring to compare our prices to other retail and financing options.
Your employees/members will be practicing smart spending for the holiday season through Purchasing Power!