Dad still getting little respect
According to NRF’s 2014 Father’s Day Spending Survey, total spending on next weekend’s holiday is expected to reach $12.5 billion. That’s 37.2 percent lower than the $19.9 billion the trade agency estimated was spent on Mother’s Day.
In a similar vein, a survey from RetailMeNot, the coupon website aggregator, found that more people buy Mother’s Day gifts for mom than Father’s Day gifts for dad — 86 percent versus 77 percent, respectively.
In other findings from the RetailMeNot survey conducted by The Omnibus Company:
- Almost three in five (58 percent) dads surveyed feel that they spend more money on their partners for Mother’s Day than their significant others typically spend on them for Father’s Day;
- Nearly half (48 percent) of overall respondents believe they spend more on moms for Mother’s Day than on dads for Father’s Day;
- Twenty percent of people admit they are more creative with gifts for their mom on Mother’s Day than their dad on Father’s Day.
"Our surveys have found that people feel indebted to mom because of everything she has done for us, and likely feel less of an obligation to please dad," Trae Bodge, senior editor RetailMeNot, told TheStreet.
Another challenge, Ms. Trae said, is that dad is harder to buy for, with kids and wives often resorting to uninspired gifts. In a similar survey from RetailMeNot from 2013, dad’s "do not gift" list included ties (32 percent), t-shirts with dad-related slogans (27 percent) and coffee mugs (19 percent).
A recent survey by a third-party tied to Omaha Steaks’ "T-Bones – Not Ties" advertising campaign likewise found that 86 percent of more than 1,000 dads preferred steak over a tie for Father’s Day.
At the top of dads’ Father’s Day wish lists on RetailMeNot’s survey were gift cards (17 percent) and quality time spent with family (17 percent).
The NRF survey, conducted by Prosper Insights & Analytics, also showed for the third-straight year that the most popular gift for dad behind greeting cards is a special outing.
NRF President and CEO Matthew Shay said in a statement that with more people looking for "experience gifts" such as tickets to baseball games or a day on the golf course, retailers should "make sure to promote their gift cards for families hoping to create the perfect gift package."
- Spending On Father’s Day To Top $12.5 Billion, According To NRF Survey – National Retail Federation
- Poor Dad! Fewer Consumers Buy Gifts for Pops on Father’s Day than for Mom on Mother’s Day – RetailMeNot
- Omaha Steaks Launches New Father’s Day Campaign "T-Bones -Not Ties" Taking Aim At Unwanted Father’s Day Gift – Omaha Steaks
- Why We Give Dads So Little on Fathers Day – TheStreet
Why do you think Father’s Day is so much smaller from a retail perspective than Mother’s Day? What can merchants do to drive greater sales?