Although we’re still enjoying the final days of summer (summer doesn’t officially end until 22nd of September), it’s already time to start thinking about our Black Friday strategies. Don’t get caught off guard waiting until the last minute to plan your campaigns. Now is the time to go over last year’s metrics and see what worked and what didn’t.
There has been a gradual decline in Boxing Day sales as the popularity of this American retail holiday overtakes the Christmas period. Retailers are seeing better returns after jumping on the Black Friday bandwagon, with the increase in traffic in some instances as high as 27%. When comparing Black Friday to Boxing Day, conversions are consistently higher on Black Friday. According to The Independent, last year, UK shoppers spent an astonishing £3.3bn over the course of the Black Friday holiday season. Our client data shows that that Black Friday, and smaller surrounding retail holidays linked to it, are vastly outperforming Boxing Day. Black Friday is here to stay in the UK, and must be taken seriously by retailers and advertisers as part of the marketing mix.
Black Friday is Coming Earlier and Earlier
Much like the dreaded “Back-to-School” commercials popping up at the end of July, or Christmas jingles before Halloween, Black Friday is beginning to follow that trend with many brands starting sales in the lead up to the actual holiday. In 2015, online giant Amazon started its sales 12 days before Black Friday. Other retailers have started to get in on the trend to make the most of the pre-Christmas season. With companies like Sears Canada releasing their Black Friday deals on October 6th last year, BlackFriday.com has predicted that in 2017, the holiday prices will be leaked in early October once again, if not late September.
Online shopping on Black Friday continues to steadily increase. In 2012, 33% of consumers preferred to shop from the comfort of their own homes, to avoid the long lines, fighting, and in-store chaos that the holiday provokes. As of 2016, the stay-at-home shopping figure has risen to 44%. This trend will continue in 2017 especially as most retail sites are mobile and tablet friendly, making shopping from home, the bank, or on the go, a pleasant experience. The top stores reaping the most digital rewards in the UK are Argos, Amazon, M&S, Curry’s and Tesco Direct.
Make it Mobile
It’s a foregone conclusion, but advertisers must make their Black Friday campaigns cross-device friendly. While many people are shifting to digital indoor shopping instead of pounding the pavement, they are predominantly shopping via mobile devices on the go. Desktop is no longer the main digital channel for Black Friday shoppers. Mobile searches have grown 50% since 2016, with bargain hunters looking for the best brands, and then for the best deals. Mobile and tablets will continue to drive more shoppers to make online purchases. In order to assure campaign success, mobile and tablet channels must provide relevant targeting and seamless shopping experiences.
How to Crack Christmas
If you would like to learn more about spicing up your Christmas campaign you can watch the replay of our “How to Crack Christmas Webinar,” your ultimate guide to holiday success.