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Father's Day: Peru's tech sales up 45% in June

Feria Expomecánica y autopartes 2017 proyecta ventas por US$ 25 millones

Feria Expomecánica y autopartes 2017 proyecta ventas por US$ 25 millones

09:57 | Lima, Jun. 18.

Technology sales increase 45% in June, compared to a regular month, being tech gifts the favorites for Father's Day, according to a study by Penta Analytics.

June sales grow between 6% and 9%, while May's grew between 10% and 17%. 

Clothing was the best-performing category in May (30%), whereas technology would be the highlight in June (45%).

Penta Analytics CEO Francisco Rojas said this month's average customer ticket is also different.

"While buyers were willing to spend about S/200 (US$61) in retail purchases in May, the average ticket would drop to S/150 (US$46)," he explained.

According to Rojas, Peruvians might invest between S/60 (US$18) and S/250 (US$76) in Father's Day gifts, depending on their socioeconomic status.

On the other hand, online sales are set to grow 15% this month, in comparison to Mother's Day, when the sector saw a 10% rise. 

"This is due to the fact technology is more closely tied to e-commerce than to fashion," he continued.

Finally, he said Father's Day provides a perfect opportunity for retailers to develop a deeper understanding of their customers and their purchases.

(END) NDP/RMB/MVB


Published: 6/18/2017