How The Holiday Season Affects Businesses
As 2017 becomes a distant memory and the festive season shuts down for another year, a lot of businesses are faced with consequences which may take months to recover from. With the help from experienced and skilled market research companies, this infographic has been put together to discover just how much different types of businesses are affected by the holiday season.
For a lot of us, Christmas is a time for togetherness. A time to kick back, relax, and embark in the festive goodness surrounded by family and friends. However, this all depends on the industry you are working in. In fact, Christmas can be an extremely stressful time of year for many businesses. Read on to discover a few facts about SME’s, retail industries, charities, and food corporations. How have they coped with holiday business?
Sadly, 75% of SME owners would have worked on Christmas day, ensuring that business operations were still running smoothly. Without a doubt, emails would have been checked daily, and a 5% admitted that they were too busy around the Christmas period to support their children in memorable events like the school nativity play. A very sad thought indeed.
When it comes to retail, companies tend to see amazing results through the Christmas period (if their sales are done correctly). Online orders see a 51.1% rise for the week of Christmas. However, it’s not all good news, as retail organisations find themselves opening for longer hours throughout Christmas, with many members of staff expected to work on Christmas Eve and and New Years Day.
Christmas is a time for giving, meaning many charities find themselves reeling in success throughout this period. In December alone, 52.5% of households in the UK to donate to charity, with the average Christmas donation equating to around £43.60.
As we are all aware, a lot of food is bought and consumed throughout the festive season. We’re all guilty of admitting that maybe, just maybe, we ate too much. Thousands upon thousands of hospitality and catering staff were working on Christmas Day, missing out on their family meals so that you could enjoy yours.
As you can see, there are both positives and negatives for all kinds of businesses over the Christmas period. Take a look at this infographic for a larger insight into the working world around Christmas time.