10 Tips for a Better Black Friday

Post on 14-Jan-2017

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Transcript of 10 Tips for a Better Black Friday

Tips for a better Black Friday

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Hey retailers, we get it.

Black Friday is a big deal for you. Here are 10 steps

to make this Black Friday your most successful yet..

Spread the cheer. Make more cheddar.

PLAN AHEAD

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20% of Black Friday shoppers actually start shopping

in September. Get your game plan in place and

promote your products early. The last thing you want

is for your specials or events to find your customers

after they’re already over! Think out your strategy

now, and ensure you have ample time to

communicate to your core customers before the day

actually arrives.

Is your Black Friday bunker stocked?

Adroll reminded their customers to think of their ad budget six months before the end of the year. It is never to early to start thinking ahead!

Steal it: Adroll’s Christmas in July Blast

CONSIDER MOBILE

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Did you know that 68% of adults in the US now own

smartphones? That’s a huge chunk of your customer

base that has the capability for mobile browsing and

shopping. And roughly 25% of all purchases will be

made on mobile by next year. It is definitely worth it

to consider expanding into mobile marketing if you

haven’t already. These numbers will only continue to

grow, so don’t be left behind!

You used to call me on my cell phone….

Sephora promoted their Black Friday deals to their loyal following exclusively through mobile on their app.

Steal it: Sephora’s App Only Black Friday Preview

MIND YOUR ANALYTICS

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Learn from your numbers. The more responsive you

are to your data, the better your campaign will do.

Whether those numbers are as simple as last year’s

Black Friday sales and traffic data, or as complex as a

full Google Analytics suite, make sure to keep your

data top of mind not only for Black Friday but

throughout the holiday season. Track this year’s

numbers, too! Next year’s Black Friday campaign will

thank you.

Maybe over analyzing isn’t such a bad thing…

Under Armour’s Holiday Gift Guide used consumer data to serve up only the most relevant deals to each of their website viewers.

Steal it: Under Armour’s Holiday Gift Guide

DON’T FORGET ABOUT SOCIAL MEDIA

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There are a few uses for your social media

accounts on Black Friday: customer engagement,

advertising deals, and posting information. Deals,

of course, are the main factor driving sales the

week of Black Friday, so capitalize on that by

pinning your best deals to the top of your Twitter

profile. Finally, lots of buying = lots of customer

support. Make sure your customers can reach you

on social media.

Get out there. Be a social sensation…

Kohl’s got loads of social engagement when they used a live broadcast integration as a launch pad for a week-long Twitter trivia contest.

Steal it: Kohl’s Black Friday Twitter Trivia

USE A COUNTDOWN

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Clocks usually inspire a sense of urgency.

Judicious use of countdowns across multiple

platforms including email, social, and website can

certainly give your customers a sense of FOMO

(fear of missing out) on all of your deals and

promotions. If you have specific deals going

throughout the day, try counting down to each of

them individually as well.

Tick. Tock. Tick. Tock…

Autozone had a bunch of flash sales that were released throughout the day. They built urgency and anticipation with a counter that showed viewers when the products sold out

and counted down to the next promotion.

Steal it: Auto Zone’s Flash Sale Countdown

INCORPORATE GUERILLA MARKETING

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Guerilla marketing has been in the spotlight quite

a bit recently. There’s been a renewed interest in

physical, experiential marketing as a counterpoint

to the sometimes impersonal tone of the digital

revolution. Some of the best examples capitalize

on humor or shock value to advertise, inform, or

entertain. Use this to drive your brand awareness

and potentially advertise any promotions or

events you have for Black Friday.

Think outside of your digital box…

Dyson gave their most committed shoppers a well deserved break in their warm up tent outside a Best Buy in Chicago on Black Friday. Employees even held customers spots in

line while they enjoyed some hot cocoa.

Steal it: Dyson Black Friday Warm Up Tent

REWARD LOYALTY

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Remember the 80/20 rule? 80% of your business

comes from 20% of your customers, and those

customers should be thanked for their loyalty and

dedication. Consider doing a special preview event

or exclusive after-hours for your best shoppers. Or,

perhaps extend Black Friday deals to them early.

Keeping these customers engaged and returning will

benefit you both in continued sales but also their

testimony about your business. Happy customers tell

others, and others trust their word of mouth!

“You loyal.” -DJ Khaled

Nordstrom invites their best shoppers to special VIP shopping events. This is a great way to show appreciation, but also make some money from their serial buyers.

Steal it: Nordstrom VIP Shopping Parties

MAKE IT A SPECIAL EVENT

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While it may be hard to compete with some of the

deals of the major discounters, you can definitely

have something they don’t: ambience. Creating an

event around Black Friday shopping, serving drinks

and hors d’oeuvres or having live music is a great

way to pull in customers who are disillusioned with

the chaos of the big box stores. Your elevated

atmosphere will attract the kind of long-term

customers you need to build and grow your

business.

Feels over deals…

Downton Charleston rounded up their most notable businesses and held an event on Black Friday where deals took a back seat to food, fun, and a gathering of the

community.

Steal it: Christmas On King Street Black Tie Optional

INCLUDE MILLENNIALS

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Millennials are spending nearly $200 billion a year as

a cohort, and who wouldn’t want to tap into that kind

of market? Millennials love authenticity and

convenience, so consider ideas like mobile-only

deals, online order and in-store pick up, or heritage

and “throw back” products. Tap into their love of

nostalgia by highlighting your brand story and

history, and capitalize on their need for digital by

giving them exclusive deals they can access from

anywhere.

It’s low key lit, fam…

Old Navy launched their holiday campaign Cheermageddon with short, funny videos. Young people loved their hilarious nature and their easily digestible format.

Steal it: Old Navy’s Cheermageddon

IT’S NOT ALL ABOUT PRICE

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Keep in mind that while Black Friday may be a day

for deals, consumers are still searching for value over

price. By providing value-added services such as

complimentary wrapping, live music, food, private

shopping events, and mobile optimization, you are

ensuring your ability to compete with even the

mostly steeply discounted products, and you are

building brand awareness and customer loyalty

along the way.

Money can’t buy everything; most things, but not everything…

Portland gave shoppers a reason to check out and support local businesses with a city wide shopping event featuring a raffle. The more businesses shoppers visited, the more

times they were entered into the raffle. Fun!

Steal it: Portland’s Little Boxes Event

However you choose to participate in

Black Friday, keep these tips in mind to

maximize your marketing ROI, increase

brand engagement, and encourage

loyalty from your customers. Do you have

any other tips to share for a successful

Black Friday? Let us know in the

comments!

Check out our other holiday resources.