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Friday, June 9, 2023
HomeFeaturedUnusual Increase in Sales of Energy Saving Products in Recent Months

Unusual Increase in Sales of Energy Saving Products in Recent Months

Sales of sealing strips have increased dramatically in December and January, as people look for ways to save energy amid high electricity prices. Heating blankets, fireplaces, Glava and wood are also seeing a sharp increase in online sales.

According to Klarna’s shopping index, sealing strips have seen the biggest increase in sales within its category. The indexed growth represents the share of the specific product that the total sales in the category in December 2020 and January 2021, compared with December 2021 and January 2022.

Sealing strips are a simple way to reduce energy loss and save. It’s clear that people are looking for ways to keep their homes warm and save money on their energy bills. In December and January, sales of sealing strips have increased dramatically as people try to insulate their homes and keep the heat in. Heating blankets, fireplaces, Glava and wood are also seeing a sharp increase in online sales.

These products may be more expensive than traditional heating methods, but with electricity prices reaching record highs, people are looking for any way possible to save money. So it’s no surprise that these energy-saving products are seeing such a big increase in sales.

It will be interesting to see if this trend continues into next year, as people continue to struggle with high energy prices. Hopefully, these products can help Norwegians reduce their electricity consumption and save money in the long run.

Despite the overall trend towards energy savings, some products have not seen the same positive sales trend. While time clocks increased by only 10 per cent during the period, the proportion of Norwegians who bought a heat pump online was actually marginally lower than in the same period last winter.

Chris Crespo
Chris Crespohttp://nordicfintechmagazine.com
Chris is a Co-founder and Chief Editor at Nordic Fintech Magazine, where he simplifies complex financial concepts through jargon-free content, making it easy for anyone to understand. With extensive experience in financial services, including working with some of Europe's largest banks, he brings a wealth of knowledge and insight into the industry. As the former Chief Futurist of the largest bank in the Nordics, Chris has a deep understanding of the Future of Financial Services, the Future of Money, Disruption, and Ethical AI in Finance. He is also a guest lecturer at Stanford University, where he shares his expertise on these topics. As a Behavioural Economist, Chris is passionate about exploring the connections between human behaviour and decision-making under risk, as well as uncovering and communicating the links between psychology, leadership, and technology in financial services.

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