Black Friday and Cyber Monday, two of the busiest shopping days of the year for online merchants, are rapidly coming. These two days are critical if you’re an online retailer looking to grow your business. Here’s a step-by-step guide on how to profit from the subsequent 2023 Black Friday shopping rush. You can increase traffic and revenue during the busiest shopping season by implementing these five creative Black Friday marketing strategies. So that your online store is ready to benefit from the impulse consumer, start adopting these strategies right away!
What does the term “Black Friday” denote?
Thanksgiving is the day before Black Friday in the United States. Consumers may now begin their Christmas holiday shopping, which means businesses are ramping up their marketing efforts and slashing prices to attract customers to purchase online and in-store this year.
Originally a one-day event, Cyber Monday has grown into a four-day retail extravaganza. Cyber Monday is the Monday following Black Friday, and it’s the same sort of event with deals geared for internet shoppers.
Listed below are a few tips and tricks:
1. Deal of the Hour
An hourly offer serves many purposes for shops with significant foot traffic. Keeping your Black Friday discounts, a surprise and altering them frequently can keep your consumers coming back, in addition to encouraging spending.
Additionally, to the Deal of the Hour, offering Black Friday offers on all goods aids in conversions. The Deal of the Hour might be anything from a 40 percent discount on all goods to a 50 percent discount on certain brands or items, as well as additional savings. Every hour you have a bargain, make a homepage banner to promote it.
2. Make a gift guide for your family and friends
Gift guides help consumers locate you during the holiday season, especially first-time customers buying gifts for friends. When you create a Gift Guide, you’re not only showcasing your items and discounts, but you’re also providing newcomers with gift-giving advice.
There are a variety of present idea searches that a Crossfit enthusiast may use to locate you if you were selling Crossfit gear, like “Gifts for Coaches,” “Crossfit Gifts for Coaches,” and “Funny Crossfit Gifts.”
3. Buy One Get One Free Promotional Item
Customers love freebies, so giving one out on Black Friday is a smart move for retailers. Oberlo has several items for under $2.00. Customers who place orders between Thanksgiving and Cyber Monday will receive a gift with their purchase. The ideal items for this have little or no delivery costs.
4. Extend your Black Friday/Cyber Monday sales period
Extending your deal is a proven Black Friday marketing strategy that is becoming increasingly popular. The day after Thanksgiving used to be the most important for merchants since it was the day when they had their most significant deals, but today’s sales continue until Cyber Monday. As a result, the majority of online merchants continue their offer for an additional three days.
You’ll be able to get more consumers and earnings if you extend your sale. A pre-Black Friday deal can even get you a head start like Best Buy did this year.
5. Making Use of Your Email Subscriber List
Email marketing is a powerful sales channel because of its low cost and high return on investment. In email marketing it’s a well-known fact that you may make $42 for every dollar spent on email marketing.
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Originally posted 2021-10-05 14:39:11. Republished by Blog Post Promoter