SA Consumers Spend, on Mothers and Father’s Day: Bank Data
- Biltong spend is 22% higher for Father’s Day than for Mother’s Day.
- Chocolate spend has a sharper increase for Mother’s Day than for Father’s Day yearly.
- Flowers spend is 86% higher for Mother’s Day week than Father’s Day week.
The spending trends for Father's Day and Mother's Day provide valuable insights for businesses in various industries. It is clear that certain products and services, such as biltong, chocolates, flowers, jewelers, and nail and beauty salons, are in higher demand during these holidays. Furthermore, the increasing popularity of contactless payments and the availability of virtual cards offer convenience and security to customers. Businesses can leverage these trends and payment options to optimize their offerings and attract more customers.
