While Black Friday originated in the United States, its influence has extended far beyond its borders, impacting consumer purchasing behaviour worldwide. It has evolved into a period of heightened consumer engagement. If you’re an e-commerce or brick-and-mortar store owner, you likely aim to generate a significant portion of your annual revenue during this time.
Black Friday presents an excellent opportunity to gain visibility for your brand, even if you’re transitioning away from a heavy reliance on price reductions and major promotions. The good news is that achieving a successful Black Friday campaign that surpasses your expectations is entirely feasible with the proper preparation.
It’s all in the planning…
Think that Black Friday prep should wait until November? Think again. Building a solid strategy as early as September will pay dividends. Preparing vital elements such as email list segmentation and automations in advance will keep you one step ahead of the game.
If you want to grow your email marketing list ahead of the Black Friday period, consider launching an acquisition campaign across your social media channels or using paid ad campaigns on Facebook, for example, to maximise your list and increase the potential of generating more income.
If you’re on a budget, hosting a competition on your social media channels, with one of the rules to enter being to subscribe to your email marketing list, is a great way to build on your database, offering the added advantage of list growth without the advertising costs.
September checklist
Refine Your Strategy
Now it’s time to meticulously fine-tune your Black Friday campaign strategy.
Are you leaning towards offering a percentage discount, a fixed value reduction, or a more innovative approach? Remember this crucial point as you deliberate: Black Friday inherently attracts bargain hunters, which can impact your brand’s profitability. Crafting a clever campaign and offer will not only drive initial purchases but also foster repeat business once the sale concludes.
October checklist
The main event
There isn’t a one-size-fits-all Black Friday campaign schedule that guarantees results, so it’s vital that you not only plan in advance but review your historic email marketing reporting data to consider optimal send times and understand who has engaged with your email marketing campaigns already, who has signed up for your Black Friday campaigns previously and segment your email marketing accordingly.
The start of November represents your last opportunity to fine-tune and quality-assure everything before hitting that all-important “Schedule” button.
November checklist
Undoubtedly, Black Friday presents a HUGE opportunity for retailers of all sizes. As with anything, the success lies in the planning! If you feel like you could do with some help strategising for Black Friday for your business, you can book a free 30-minute strategy call with us, here.