Episode #
Shoppers Expected to Spend the Same or More This Holiday Season
November 13, 2023

In episode #2608, We discuss the expected increase in holiday spending despite concerns about a recession. We highlight the impact of inflation on consumer budgets and the potential consequences of high levels of debt. We also discuss the need for businesses and individuals to be more realistic about their financial expectations and the importance of discipline in the current economic climate. Our conversation concludes with a prediction that 2024 will be a year of reckoning for many as the effects of high-interest rates and economic realities become more apparent.

Don’t forget to help us grow by subscribing and liking on YouTube!

Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT

TIME-STAMPED SHOW NOTES:

  • (00:00) Today’s topic: Shoppers Expected to Spend the Same or More This Holiday Season
  • (00:31) Consumers plan to shop at discount and traditional department stores
  • (01:12) Consumers still spending despite inflation and higher costs
  • (02:51) Deloitte report projects rise in retail sales this holiday season
  • (03:53) Consumers with lower incomes expect to spend more
  • (04:14) Tech layoffs and impact on spending
  • (05:24) Reality check needed for business valuations
  • (06:19) Lack of discipline in raising funds and trading on potential
  • (07:20) High interest rates and debt will impact spending
  • (07:34) Uncertainty about when the economy will improve
  • (07:41) That’s it for today! Don’t forget to rate, review, and subscribe!

Go to https://www.marketingschool.io to learn more!

Links Mentioned in Today’s Episode:

Leave Some Feedback:

  • What should we talk about next? Please let us know in the comments below
  • Did you enjoy this episode? If so, please leave a short review.

Connect with Us: 

Learn more about your ad choices. Visit megaphone.fm/adchoices

See omnystudio.com/listener for privacy information.

Discover Latest Episodes

Episode
8,000 People vs. 1 Chatbot – Who Does It Better?
July 17, 2025

In this episode #3007, Eric Siu and Neil Patel discuss how AI is reshaping jobs and transforming marketing strategies. They explore the power of brand and distribution as moats, the rise of LLMO, and ...

Episode
To Become Rich, Chase Pain
July 16, 2025

In this episode #3006, Eric Siu and Neil Patel discuss how enduring discomfort is key to achieving excellence. They share concerns about raising resilient children in comfortable environments and high...

Episode
Google Engineer Reveals the SEO Algorithm
July 15, 2025

In this episode #3005, Eric Siu and Neil Patel discuss how Google’s ranking algorithm works and why controlling your narrative matters in organizations. They explore how storytelling drives business...