NPD Stat of the Week: growth disparity
Research sheds light on spend-per-kitchen-and-bath buyer.
Online kitchen and bath buyer spend grew 13% last year while the spend per buyer at brick-and-mortar declined. Online growth was driven by increases in frequency and higher average selling prices as units per purchase decreased. (Source: The NPD Group / Checkout)
“While looking to limit outings during the pandemic, the consumer embraced online shopping, particularly for the more aspirational project driven purchases that may have had less urgency than items for quick repairs,” said Joe Derochowski, Home Industry Advisor, The NPD Group.
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