fast facts
 

Mastercard.com Survey Shows Back-to-School Shoppers Need Multiple Trips to Complete Shopping

(Purchase, NY; August 27, 2001; PRNewswire) According to a MasterCard.com back-to-school survey, while many shoppers will start buying their school gear weeks before the first bell rings, their back-to-school shopping may not end on Labor Day-and many won't even make it to the mall. In fact, while forty-nine percent of the respondents say they will start their back-to-school shopping at least three weeks prior to school, starting early does not necessarily mean finishing early:

-- Sixty-eight percent of parents will make three or more shopping trips

before they are completely finished.

-- Some savvy shoppers won't make any trips at all, with 13 percent of

shoppers conducting all of their back to school shopping online

this year.

The styles may have changed over the years, but the basics remain top priority for back-to-school shoppers. Clothes will be on 90 percent of back-to-school shoppers' lists, while 89 percent will purchase school supplies this year. Other categories making the final cut include books and music (46 percent) and electronics (20 percent).

Daughters and Cents

When it comes to dollars spent on back-to-school shopping, 62 percent of parents say they will spend on average more than $200 per child. However, when it comes to daughters versus sons, 34 percent of parents said they spend more money on their daughters against 20 percent of parents that spend more money on their sons.

Easy Shopping?

Although 35 percent of respondents said there is nothing that can make their back to school shopping experience more enjoyable, it's not bad for everyone.

-- 35 percent described their back-to-school shopping experience with

their children as a "carefree walk in the park."

-- 44 percent of parents said the best part of back-to-school shopping was

spending time with their children.

Who Does the Shopping?

When it comes to shopping, an overwhelming, 76 percent of households send mom to do the back to school shopping. Only 14 percent of fathers are involved in back-to-school shopping. However, 38 percent of school kids shop for themselves.

About MasterCard.com

MasterCard.com offers consumers money-saving deals year-round, including Back-To-School, through its MasterCard Exclusives Online program. This free program brings exclusive savings to its members, offering special discounts on purchases made online with one of MasterCard Exclusives Online retail partners. This back-to-school season, members can receive deals from bluelight.com, eddiebauer.com, ebags.com and footaction.com.

MasterCard International has the most comprehensive portfolio of payment brands in the world. More than 1.7 billion MasterCard®, Cirrus® and Maestro® logos are present on credit, charge and debit cards in circulation today. An association comprised of more than 20,000 member financial institutions, MasterCard serves consumers and businesses, both large and small, in 210 countries and territories. MasterCard is the leader in quality and innovation, offering a wide range of payment solutions in the virtual and traditional worlds. MasterCard's award-winning Priceless® advertising campaign is now seen in 81 countries and in more than 36 languages, giving the MasterCard brand reach and scope unrivaled by any competitor in the industry. With more than 21 million acceptance locations, no card is accepted in more places and by more merchants than the MasterCard Card. In 2000, gross dollar volume exceeded US$857 billion. MasterCard can be reached through its World Wide Web site at http://www.mastercard.com.