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eMarketer: Back-to-School Shopping to Grow 4.0% in 2017

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US retail sales during the back-to-school shopping season of July and August 2017 will grow 4.0% over 2016, according to eMarketer’s latest forecast. Last year set a record for back-to-school season sales, but 2017 will be even better. US retail sales during those core months will reach $857.18 billion, comprising 17.0% of total retail sales for the year.

Ecommerce for the back-to-school season will grow 14.8% to $74.03 billion in 2017. That represents 8.6% of total retail sales (online and offline) for the period, larger than the 7.8% share last year.

“Ecommerce growth this year comes on top of a strong year last year, making it that much more impressive,” said eMarketer senior analyst Yory Wurmser. “Younger consumers that shop in preparation for going back to high school and college actually prefer shopping online, so ecommerce growth should continue for the foreseeable future.”

Five product areas play an outsized role during the back-to-school season:

  • apparel and accessories
  • books, music and video
  • computers and consumer electronics
  • office equipment and supplies
  • toys and hobbies, including sporting goods.

Back-to-school ecommerce sales in these core categories during July and August will exceed the quarterly growth rate for ecommerce overall at 15.8%, reaching $37.56 billion. It will also be in marked contrast to the poor growth numbers of brick-and-mortar stores in these core areas.



“Several core product areas are among the sectors with the highest ecommerce penetration,” said Wurmser. “Even apparel, which traditionally has been bought in stores, is increasingly moving online.”

eMarketer excludes home goods from its definition of core back-to-school product categories despite the big role that dorm shopping plays in back-to-school. Although important, home goods do not see a significant bump in sales during the back-to-school season relative to other parts of the year.


Methodology
eMarketer’s forecasts and estimates are based on an analysis of quantitative and qualitative data from research firms, government agencies, media firms and public companies, plus interviews with top executives at publishers, ad buyers and agencies. Data is weighted based on methodology and soundness. Each eMarketer forecast fits within the larger matrix of all its forecasts, with the same assumptions and general fr amework used to project figures in a wide variety of areas. Regular re-evaluation of available data means the forecasts reflect the latest business developments, technology trends and economic changes.

 


More about eMarketer: Founded in 1996, eMarketer is the first place to look for research about marketing in a digital world. eMarketer enables thousands of companies worldwide to understand marketing trends, consumer behavior and get the data needed to succeed in the competitive and fast-changing digital economy. eMarketer’s flagship product, eMarketer PRO, is home to all of eMarketer’s research, including forecasts, analyst reports, aggregated data from 3,000+ sources, interviews with industry leaders, articles, charts and comparative market data. eMarketer’s free daily newsletters span the US, EMEA and APAC and are read by more than 200,000 readers globally. In 2016 eMarketer, Inc. was acquired by European media giant Axel Springer S.E.

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