Originally published: e-Commerce News, 9 December 2021
According to new research initiated by Mastercard, with the country slowly starting to open up, NZ consumers are starting to spend less money at home on items and more on experiences.
The survey also signaled an oncoming spending boom, with the average Kiwi consumer surveyed having saved nearly $3,000 during pandemic restrictions due to their regular spending habits being curbed.
When asked if their spending habits would change as summer approaches, the majority of Kiwis (65%) said they would shift away from their usual purchases to spend an additional $420 per month on average on experiences in a bid to make up for lost time and to reconnect with loved ones.
Pureprofile conducted the online survey, gathering the results of more than 1,000 New Zealanders nationwide from 6 November 2021 to 11 November 2021.
