The holiday shopping season is fast approaching there is a lot of uncertainty about what will unfold. Questions surrounding the health of the economy and what a resurgence of COVID-19 might have on the supply chain make planning for this holiday season unique. Here are 47 ways you can prepare your marketing program and e-commerce store for the holiday shopping season.
The 2019 holiday season has concluded, and once again ecommerce experienced record-breaking sales. This online holiday season registered just above $142 billion in online sales, a 13% increase from last year, according to Adobe Analytics.
But what made the 2019 holiday season so successful, and which trends have become the new normal? In this recap I’ll discuss the Cyber Five, the Cyber Ten, smartphone growth, the value of email marketing, daily sales benchmarks and more.
The holiday season exploded, much like a shot fired from a Red Rider carbine action, 200-shot, range model air rifle, with a compass in the stock and this thing that tells time. Back in October, I laid out my predictions for the 2017 holiday season. Now it’s time to take aim at my predictions and see whether I had Black Bart in the crosshairs or ended up shooting my eye out.
This holiday season was predicted to be the best yet for online retailers – and it was. Fifty-eight out of 61 days drove over $1 billion in online sales, including every single day in November. Gray November, the month-long period of deep discounts, is now commonplace. But do people buy more or simply buy earlier?
The holiday shopping season is the ecommerce version of the Boston Marathon’s Heartbreak Hill. It’s a season that will challenge retailers, stress them, push them to their limits and, many times, either make or break them. Effectively planning for the final stretch requires not only looking at last year’s results, but considering what went well for your peers. Let’s look at three trends from last year that will keep you from hitting the wall this year.
With consumers shopping earlier, thanks to heavier discounting, earlier promotions, and a trend toward buying for themselves, Black Friday and Cyber Monday no longer kick off holiday shopping. They’re merely a part of it. Instead, we’re now seeing the rise of Gray November, a month-long start to the holiday shopping season.
How do retailers turn seasonal gift buyers into year-round customers? The fact is, it’s a struggle. Some customers may not want to hear from you for another 365 days, while others may need more personalized suggestions before they’ll make another purchase. Either way, at the very least, you want them to come back next year. But too often, retailers don’t devise a plan and simply lump these customers back into the regular stream of batch-and-blast messaging.
With the holiday season comes a natural increase in the number of lifecycle messages sent. Think about it. More site visitors lead to more email sign-ups, which trigger more welcome series sends. An increase in shoppers means an increase in browse and cart recovery messaging and post-purchase emails for those holiday buyers. And all of these messages affect the overall user experience.
Over the past 4+ years of advising retailers on how to drive more revenue from email programs, I began noticing a general shift Q4 promotional strategy. It started earlier each year and featured more aggressive discounts. This shift forced other retailers who fight for the same customers to keep up with the Joneses and offer their own discounts earlier in the season.
One week at a time, year after year, this transformation turned planning for Black Friday and Cyber Monday into a Gray November – a month-long extension of the traditional holiday shopping season.
