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Most Americans See Gift Giving As A Competition

By News Dec 1, 2020 | 7:40 AM

Some people take great pains to find the perfect gift for someone over the holidays, because they want to treat their loved ones to something special, but it turns out a lot of people aren’t necessarily thinking that way. In fact, many are really just looking for ways to out-gift the loved ones in their lives.

A new survey finds:

  • 61% of Americans see gift giving as a way to “out-gift” their loved ones.
  • 39% of folks say the person they are competing with the most is their sibling.
  • Other people they try to out-gift include:
    • Friends (37%)
    • Significant other (33%)

The competition surrounding gifting can be quite stressful for a lot of folks.

  • In fact, 55% of people say gifting is causing them stress this year.
  • 24% say it’s because they are concerned about being “out-gifted” by someone.
  • Other sources of gifting stress include:
    • Finding the perfect gift (30%)
    • Items being sold out (29%)
    • The gift won’t be appreciated/liked (24%)
    • The recipient will never use the gift (24%)
    • Buying something the recipient already has (24%)

But not everyone is looking to out-gift others.

  • 74% of people are simply interested in buying the “perfect” gift for a loved one.
  • As for what would constitute a perfect gift:
    • It’s something they’ve been asking for (46%)
    • It shows love (40%)
    • It stands the test of time (40%)
    • It makes the recipient laugh (38%)
    • It can be used for years (37%)

Source: SWNS Digital