StartNewsResearch reveals that 70% of Brazilians plan to spend up to R$ 250 on

Survey reveals that 70% of Brazilians plan to spend up to R$250 on Father's Day gifts

This year's Father's Day promises to be more economical, According to a survey conducted by Koin, fintech pioneer in online shopping installments with ‘Buy Now ⁇ solutions, Pay Later, Pay Later. The research, that mapped consumer purchase intent., revealed that almost 70% of Brazilians plan to spend between R$ 51 and R$ 250 on gifts for their parents

According to the data, 39,8% of respondents intend to spend between R$ 51 and R$ 150, while 30,1% plan to spend between R$ 151 and R$ 250. Other 7,3% said they will spend between R$ 251 and R$ 350, and 5,7% plan to invest between R$ 351 and R$ 500. A portion of 8,1% of consumers are willing to spend between R$ 501 and R$ 1000, and 8,9% said that the value of the gift may exceed R$ 1,000

The type of gift, 25,2% of consumers should choose clothing and accessories, 16,3% for perfumes and personal hygiene products, and 10,6% for footwear. The survey also showed a drop in preference for electronics., which were chosen by only 8,1% of participants, in contrast to the 2023 survey, where they were most prominent

The survey also highlighted changes in the means of payment. About 24,4% of consumers intend to use parcel tickets, while the installed pix and the traditional pix will be used by 8,9% and 6,5% of consumers, respectively. The credit card remains the leader, with 47,2% preferred, followed by money., with 8,9%

Our survey shows that the Brazilian consumer is adapting to new payment options, looking for alternatives that don't weigh so heavily on your pocket and avoid credit card debt, said Juana Angelim, Chief Operating Officer of Koin

The data indicate a tendency for greater propensity to installment, with 40,7% of consumers planning to split the payment in two, 22% up to five times and 17,1% more than five times. Only 20,3% of respondents opted for cash payment

The survey was carried out between 29 July and 2 August, with the participation of 150 people

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