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December 19, 2006

Hitwise Reports Surge in Gift Card Searches as Last Minute Gift Ideas

Posted by Adam Viener

Hitwise reported today that the share of US Internet searches for "gift cards" surged 109% for the week ending December 16th, 2006 vs the previous week as online shoppers looked for last minute gift ideas. Some of the fastest growing Gift card searches include "american express gift cards" up 184%, "itunes gift card" up 69%, and "visa gift cards" up 19%.

“For the second year now, we’ve seen a pattern of increased searches on gift cards as Christmas day approaches,” said Bill Tancer general manager of global research at Hitwise. “This year branded credit and charge gift cards dominated top searches as gift givers opted for the most flexibility for their gift recipients.”

Now that shipping deadlines have mostly passed, online shoppers will probably start looking at digital / email-able gift certificates that can be purchased right up until the last minute.

Happy Holidays!