With holiday season ramping up, merrymakers are once again in search for the perfect Secret Santa gift. However, a recent survey conducted by Mastercard reveals the true secret of this long-standing tradition is that many don’t get it right. Often efforts are wasted with trinkets being regifted, never used or ending up in the bin.
Knowing this, the leading payments brand has partnered with online retailer, Protect the Planet, which caters to those that want to give the gift of more meaningful and sustainable presents. Together, they have created a curated ‘Mastercard Edit’ consisting of the top best-selling eco-friendly options.
Available items include metal straws to bath bombs, hand cream and vinyl coasters, ranging from £3 to £15, so whatever you choose, you won’t break the bank. All gifts purchased on the site, as well as the gifts in the edit, from now until 21st December will contribute 5,000 trees being planted towards Mastercard’s ongoing pledge with Conservation International through its Priceless Planet Coalition initiative.
With the average Brit spending £12.16 on Secret Santa gifts, Mastercard has discovered a generational divide when it comes to Secret Santa budgets with Gen-Z willing to dig deeper than their older counterparts. 18-24-year-olds on average spend 40% more (£14.22) than typical baby boomers (£10.06), reflecting the attitudes Gen Z have towards gift giving and the festive period as they are willing to spend more than over 50s.
It’s not just the generations that can’t agree. Men (30%) are almost 50% more likely to think that Secret Santa is wasteful compared to women (21%). This is also likely to explain why men (17%) are twice as likely to ask for the receipt of their Secret Santa gift than women (8%).
Scott Abrahams, Senior Vice President, Business Development, Mastercard UK & Ireland said: “It’s great to see consumers returning to the high street as the holiday season approaches. However, we know this year, more than ever, there is a growing number of people who wish to give gifts that not only bring joy to their friends and family but are also kinder to the environment. Our tie-up with Protect the Planet demonstrates our understanding of the importance of the need for sustainable options whilst also moving ever closer to our pledge of planting 100 million trees over five years.”
Christina Lapsa, Co-owner of Protect the Planet said: “We are excited to work with Mastercard to make gifting during the festive period more sustainable. COP26 showed us that global warming is a problem that the public care passionately about, making the partnership even more crucial. We hope to inspire the nation to continue to gift the people closest to them without having a destructive impact on the planet.”
According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, UK sales are expected to grow by 8% between 1st November and 26thDecember compared to the same time period in 2020.
To shop the Mastercard Edit, visit: www.protecttheplanet.co.uk/mastercardedit from now until 21st December to contribute 5,000 trees being planted.