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Gift 2: Here We Go Again

-- Gifts & Decorative Accessories, 11/1/2006

More than half of consumers admit having “re-gifted” presents they received to someone else in the past or plan to do so in the future, according to a survey by Harris Interactive commissioned by Tassimo Hot Beverage System.

Who:

  • 93 percent of re-gifters have done it more than once; 40 percent at least four times
  • 78 percent of shoppers feel that re-gifting some or most of the time is acceptable; women, 86 percent.
  • 57 percent of those who believe they've received a re-gift say it was from a relative; 48 percent have received a re-gift from a friend.

Why:

  • 77 percent of re-gifters say the item was perfect for the new recipient
  • 69 percent felt comfortable re-gifting something they didn't want
  • 30 percent re-gifted because they didn't have money for a new gift
  • 19 percent forgot to get a gift
  • 15 percent ran out of time
  • 9 percent say they were too lazy

When:

  • 72 percent re-gifted during year-end holidays
  • 63 percent for birthdays

Growing acceptance of re-gifting may also reflect trends toward de-cluttering and environmental consciousness, which make consumers less likely to hang onto unwanted gifts or throw them away.

For retailers, re-gifting means fewer sales, so promoting wish lists, hints and gift cards can help recipients get gifts they want to keep.

Stores can also use re-gifting as a promotional tool. Tassimo, for example, is holding an event where consumers trade in a re-gift for a free Tassimo. Retailers can offer to re-wrap gifts to convince shoppers to come in — especially since 16 percent of those who know they got a re-gift found out because it had a tag with the wrong name on it.

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