Every year, Q4 earns its reputation as the “Golden Quarter” for brands. But when consumers actually spend, why they spend, and where they go for deals has shifted dramatically. The 2025 Golden Quarter Report by Reward Gateway—based on responses from 5,500 UK employees—reveals new behaviors and opportunities that affiliate marketers can’t afford to ignore.
Here are my top five key insights and what they may mean for your affiliate strategy, so you can continue to optimize campaigns mid-quarter, make the most out of your budgets and placements, and build on partner relationships during the most lucrative shopping season.
1. 90% of Consumers Are Already “Active Shoppers” — Visibility Is Everything
The data shows that the majority of employee-audience shoppers are already actively browsing, comparing, and purchasing throughout Q4. This isn’t a passive audience—you’re not fighting for attention. You’re fighting for position.
If you haven’t already, it’s not too late to:
- Get high visibility presence across your top partners.
- Ensure your links, codes, and placements start early.
- Expect higher conversions for affiliates who reach users during early consideration phases.
2. The “Black Friday Start Date” Myth Is Gone
Only 18% begin shopping on Black Friday. Most (54%) start in early November or earlier, and 29% don’t start until December. So this advice will be for next year.
Takeaways for now:
- Front-load your affiliate campaigns from late October.
- Don’t put all your budget into Black Friday—spread it across November, December and January.
And something for next year: For next year, activate pre-Black Friday teasers for affiliates with strong newsletter and push capabilities.
3. Every Category Wins in Q4 — Not Just Tech
Category spending is surprisingly balanced:
- Fashion: 18%
- Electronics: 17%
- Food & Drink: 17%
- Gift Cards, Beauty, Toys, and Home Décor all close behind
Things to remember:
- Almost any brand category can perform strongly—so expand your affiliate promotions beyond the usual tech-heavy offers.
- Gift cards, beauty, and toys are underrated-but-high-performance verticals.
- Use niche affiliates and category-specific influencers to capitalize on this diversity.
4. Premium Food & Drink Is a major spending category
A huge 80% of surveyed users will spend more than £100 on food & drink during Q4—covering dining out, at-home entertaining, gifting, and seasonal experiences.
Don’t forget:
- Push premium food & drink brands and experiences in November and December.
- Partner with affiliates who specialize in:
- Family/entertaining content
- Dining and hospitality
- Gift experiences
- “Treat yourself” or “host in style” messaging performs extremely well.
5. Know the Four Golden Quarter Shopper Types
Understanding shopper psychology can significantly improve your affiliate messaging:
- Bargain Hunters (59%) – Need clear value, pricing, and standout discounts.
- Last-Minute Heroes (19%) – Drive huge December spikes; don’t slow down now even after Cyber Week.
- Planners (14%) – Reward early shopping with exclusive early-access codes.
- Self-Gifters (9%) – Respond strongly to “you deserve this” messaging.
Always on thinking:
- Create segmented offers: early-bird exclusives, late-season rush deals, and self-gifting placements.
- Deliver dynamic creative that speaks to value-driven shoppers.
- Lean heavily into affiliates that can retarget based on user behavior.
The Golden Quarter Is Also the Golden Window for Impulse Buys
From haunted dolls to life-size Gordon Ramsay cutouts, impulse buying is alive and well.
Affiliate marketers should leverage:
- time-limited discounts
- low-friction checkout flows
- bundles/upsells
- “last chance” or “selling fast” messaging
Impulse shopping peaks when friction is low and urgency is high.
For even more holiday tips, strategies, and highlights, visit our holiday content hub right here.