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Back to school (BTS) is the second busiest season of the year for US retailers, as parents, children, and college students shop for products they need for the upcoming school year. Ecommerce sales are expected to rise 14.4 percent, surpassing $56 billion during the July-August 2015 BTS season, according to a new eMarketer report, Back-to-School-Ecommerce Preview 2015.
An average family with children in grades K-12 plans to spend about $630 on back-to-school shopping. That includes nearly $100 this season on school supplies like notebooks, pencils, and backpacks, the second-highest amount since the recession. In addition, a typical college family plans to spend a $126 on dorm or apartment furnishings. These are among the findings of a National Retail Federation (NRF) survey, Top 10 Trends for Back to School and college 2015.
BTS time also helps online retailers get through what is often a difficult third quarter in sales. Whatever you sell, it’s worth it to try and capitalize on the growing BTS market. Online stores should consider the following strategies:
Since more and more consumers are shopping online for BTS products, now is the time for ecommerce retailers to review product lines and launch an effective promotional strategy in order to capitalize on this growing market opportunity.
Maria is a multifaceted writer and editor who is passionate about creating content that helps businesses succeed. When she's not writing, Maria can often be found in her garden tending to her plants.