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Emmet Oliver

๐Ÿ‘ค Speaker
317 total appearances

Appearances Over Time

Podcast Appearances

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

So you've looked at what type of spending, where they're going to do it.

Breakfast Business with Joe Lynam
Auto-Enrolment pension scheme costing businesses how much?

But from what you're hearing, companies remain very concerned, particularly among small and medium-sized enterprises, that this is really going to hit their bottom line dramatically once it kicks off.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

You know, what's the pattern versus previous years?

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

And it seems the overall shape of this is we still love Black Friday.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

We still love Cyber Monday.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

We love all these big package retail events, but just the spending starting to slightly taper off in some areas.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

So do you get a sense that people will have a look, they'll go online, they'll go into the physical store, but they may just not spend anything.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

They'll have a peek, but depending on what's there and available.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

Now, obviously, when you make a purchase, there's all sorts of trade-offs going on.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

And one is the cost versus other concerns, sometimes sustainability and so on.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

It seems to be a subtle message in the survey results is that people are still looking at sustainability, but not quite as much.

Breakfast Business with Joe Lynam
Auto-Enrolment pension scheme costing businesses how much?

Yeah, what's coming across in your survey is that people are going to go to their pay packets next year and go...

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

They may be just looking at price more so.

Breakfast Business with Joe Lynam
Auto-Enrolment pension scheme costing businesses how much?

what is this?

Breakfast Business with Joe Lynam
Auto-Enrolment pension scheme costing businesses how much?

And I know, to be fair to the department, they have done marketing, they have got a big communications campaign rolling out there.

Breakfast Business with Joe Lynam
Auto-Enrolment pension scheme costing businesses how much?

I don't know much about the overall shape of it, but what comes through in your survey is that just the visibility of this still remains too low.

Breakfast Business with Joe Lynam
Auto-Enrolment pension scheme costing businesses how much?

There's too many people who just don't know about it.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

Now, it's a difficult thing to track in your survey, of course, but still the figures are very interesting.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

On average, Irish consumers plan to spend at least 283 euros over the sales weekend compared to 329 last year.

Breakfast Business with Joe Lynam
Consumer spending over the upcoming Black Friday sales

That's 14% drop.