Consumer Insights

Black Friday: The Discount Is Not the Whole Deal | TGM StatBox

Black Friday is built around discounts, but a lower advertised price does not always mean a better deal.

According to TGM E-commerce Insights 2026, 70% of consumers say the best overall price is a top factor when shopping online, based on responses from 7,077 consumers across seven markets.

Yet price is not the only consideration. Data from TGM StatBox shows that free or low-cost shipping, fast delivery, and reliable returns can also influence how shoppers evaluate an offer.

Key Highlights
  • 70% of consumers prioritize overall price, but discounts alone aren't enough to guarantee a conversion (TGM E-commerce Insights 2026, N=7,077).
  • For shoppers aged 18–24, price is the top driver, followed by free/low-cost shipping (#2) and fast delivery (#3) (TGM E-commerce Insights 2026, N=7,077).
  • The winning Black Friday offer requires a total value proposition, combining discounts with zero-cost shipping, speed, and easy returns.

A discount is not the whole deal

The data points to a broader view of value. While getting the best overall price remains the top priority, shoppers also consider what comes with the purchase.

This matters during Black Friday, when consumers are often comparing multiple offers that look similar on the surface. A lower shipping cost or faster delivery can make one offer more appealing, even when product prices are close.

Italy offers a useful market-level example, where other purchase conditions also shape how shoppers evaluate an online offer. 71% of Italian shoppers place strong importance on overall price, and shipping fees rank second.

Log in to unlock

No account? Sign up free — new members get 3 premium charts to view.

Top Factors Driving Online Shopping Decisions in Italy 2026

Gen Z’s Formula for a Good Deal

The same pattern appears among younger shoppers.

For consumers aged 18–24 in 7 countries we surveyed, securing the best overall price is the top priority when shopping online, followed by free or low-cost shipping and fast delivery (same-day/next-day).

For Gen Z, price leads the decision, but shipping and delivery also shape how attractive an offer feels. Taking a closer look at Italian consumers again, we can see that pattern more clearly:

Log in to unlock

No account? Sign up free — new members get 3 premium charts to view.

Top Online Shopping Decision Factors by Age Group in Italy 2026

What This Means for Black Friday

For brands, this changes how Black Friday offers should be presented. The question is not only “How much are we discounting?” but “Does the shopper see this as the better overall deal?” A competitive overall price is rarely just about a lower price tag. This year, it is often stacked with perks like free shipping and same-day delivery to complete the deal.

In today's Black Friday landscape, sharp discounts may drive clicks, but overall value seals the deal. Brands that combine product savings with zero-cost shipping or easy returns can stand out over those relying solely on price cuts.

Read more to explore how online shopping habits differ across countries.

Description

Black Friday shoppers are comparing complete packages, not just price tags. See new TGM Research data on what truly drives online purchases across global markets.

Methodology

The TGM E-commerce Insights 2026 study is based on a large-scale quantitative survey conducted across multiple countries worldwide, designed to capture consumer shopping patterns, user frequency, and decision drivers in 2026. The study provides comparable, country-level data to support market assessment, localization, and strategic planning for e-commerce platforms, retailers and brands.

  • Survey Methodology: online interviews (CAWI – Computer-Assisted Web Interviewing)
  • Sample Size: 7,077 participants across 7 countries.
  • Age Groups: 18-65+
  • Country Coverage: UK, US, Spain, France, Poland, Germany & Italy

Data Weighting: Results have been weighted to reflect national demographics for accurate market representation.

From the newsroom

Consumer Insights

Findings from our data, highlighting consumer behaviour, preferences, and market signals across global markets.

From the newsroom

Data Spotlight

Follow global economic trends and market signals through clear visual stories.

Product news

TGM StatBox's Updates

The latest launches and updates from TGM StatBox.

Charts library

Explore More Global E-commerce Trends and Insights

TGM StatBox's global e-commerce trends and insights data and infographics across Europe markets.

The briefing
New data, in your inbox

Consumer insights, data stories and product updates as we publish them. No other mail, and one click to leave.

Roughly two emails a month.

Research services
Have a question our newsroom hasn't answered? Ask it directly.

Our team can run the study behind the story — in 60+ countries, on your question, with the data belonging to you.