As graduation day is upon us, the class of 2019 is gearing up to celebrate. According to a survey conducted by the National Retail Federation, the average person will spend $102.51 on graduation gifts. In fact, total spending is expected to reach $5.2 billion!
While cash is still king, there are other categories small business and resellers are stocking up on this year just for graduation day. Let’s take a closer look at the top gifts and categories for new grads.
Top Graduation Gifts
Maybe the new graduate is upgrading apartments or moving out of his or her parent’s house for the first time. Either way, kitchen must-haves always make good gifts for new grads.
Source small kitchen appliances like pots and pans to coffee makers and microwaves from home & garden marketplaces like Target Auction Liquidations, John Lewis Trade Auctions, Walmart Liquidation Auctions, and B-Stock Supply.
Whether grads are getting one to begin their college career or start their real-world career, a computer is a necessity.
There are a wide variety of options to source from. Whether refurbished, slightly used or brand new, source computers and other electronic equipment from B-Stock marketplaces: ALLTECH Wholesale Liquidations, Phobio, Dinged and Dented Computers, and more.
As college graduates embark on a new career, a nice piece of jewelry is always a thoughtful confidence booster.
Whether a tiny dorm room or a first apartment, new grads are in need of affordable, yet stylish furniture.
Sweatshirts and sweaters come in handy for chilly classrooms while blazers and blouses will help impress in the workplace.
**Pro-tip** When it comes to marketing your inventory, cash in on the graduation season! Using some of these top gift ideas, promote specific items you have directly to the Class of 2019. Create graduation gift bundles, special offers for new grads, or even free or add-on items in your marketing efforts.