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ECOMMERCE & RETAIL
November 2024
Tips to Manage a Post-Black Friday Sales Slowdown
After the shopping frenzy of Black Friday, many retailers and e-commerce businesses face a common challenge: a sharp slowdown in sales. While Black Friday brings an influx of customers and revenue, it can leave a lull in its wake, often leading to a dip in momentum.
So what tactics can brands use to turn the post-Black Friday lull into an opportunity? Here are our tips for retailers and ecommerce businesses:
Nurture New Customer Relationships
With many first-time customers discovering your brand on Black Friday, it’s essential to foster these relationships beyond the initial purchase. Instead of focusing solely on immediate revenue, consider how you can turn one-time buyers into loyal customers.
Welcome Series Emails: Send a personalised email series to new customers, thanking them for their purchase and introducing them to your brand’s story, values, and product offerings. This approach helps to establish a relationship and shows your customers that they’re more than just a sales number.
Exclusive Offers for New Customers: Provide exclusive offers or discounts for customers who made their first purchase on Black Friday. For example, a “Welcome to the Family” discount can incentivize them to shop again soon.
2. Create Post-Black Friday Promotions
To maintain momentum and avoid a sales drop, create additional promotions after Black Friday that keep customers engaged. These don’t have to be as substantial as Black Friday discounts but can still encourage additional purchases.
Christmas Countdown Deals: Launch a series of smaller promotions in the lead-up to Christmas, with daily or weekly deals that encourage repeat visits. This approach creates a sense of excitement and urgency.
Bundle Offers: Create product bundles or “last-chance” Christmas packages, which can appeal to shoppers looking for unique gifts. Bundles often offer customers added value without the need for large discounts.
3. Use Retargeting and Personalized Marketing
Target customers who purchased during Black Friday or visited your site but didn’t complete a purchase. Retargeting allows you to stay top of mind with consumers who are already familiar with your brand.
Personalised Product Recommendations: Use data from Black Friday purchases to deliver personalised product recommendations via email or retargeting ads. Showing customers items related to their previous purchases can pique their interest and encourage another visit.
‘Most Popular This Black Friday’: select popular products from Black Friday and hold the Black Friday sale price until a later deadline or run as a weekend offer.
Retargeting with Upsell and Cross-Sell Opportunities: Create campaigns that promote complementary products to what customers bought on Black Friday. For example, if a customer purchased a sweater, you could promote matching accessories or outerwear.
4. Emphasise Value and Quality over Discounts
After the massive discounts of Black Friday, it’s essential to remind customers of the inherent value and quality of your products. Rather than focusing on more discounts, emphasise the unique aspects that make your brand or products worth purchasing at full price.
Content Marketing: Use storytelling through blog posts, social media, and email newsletters to highlight the benefits and quality of your products. Share behind-the-scenes stories, customer testimonials, or product care tips to demonstrate value and build a deeper connection.
Gift Guides and Product Spotlights: Showcase product categories and create gift guides to help customers find holiday presents. This approach provides inspiration without requiring additional discounts and helps customers see your products in a new light.
5. Make the Most of User-Generated Content and Reviews
Black Friday sales bring in a wave of new customers who can provide valuable social proof. Encourage them to leave reviews or share their purchases on social media to create excitement and attract more potential customers.
Post-Purchase Review Requests: Send follow-up emails asking for reviews on recent purchases. Offer a small incentive, like a discount on their next purchase, to motivate customers to share their feedback.
Encourage Social Media Shares: Run a post-Black Friday social media contest where customers can share photos of their purchases for a chance to win a prize. User-generated content can enhance your brand’s credibility and give you valuable material to repurpose in future marketing.
6. Prepare for Returns and Use Them as an Opportunity
Returns are common after Black Friday, but they don’t have to result in lost customers. Handle returns proactively and consider them an opportunity to improve customer satisfaction and drive future purchases.
Easy Return Policies: Ensure your return process is straightforward and transparent. Customers who have a positive return experience are more likely to buy from you again.
Turn Returns into Exchanges: If possible, incentivize customers to exchange items rather than return them. You might offer a small credit or additional discount if they choose an exchange, turning the return process into a potential upsell opportunity.
7. Use Post-Purchase Engagement to Build Loyalty
Once a customer has made a purchase, your brand should stay connected and continue offering value.
Educational Content: For certain product categories, especially high-ticket items or items that require care, send follow-up emails with educational content on product use or maintenance. This strategy adds value and demonstrates a commitment to customer satisfaction.
Exclusive VIP or Early Access Sales: After Black Friday, give customers early access to new products or a sneak peek at January sales. These types of exclusive offers make customers feel valued and encourage them to stick around for future launches.
While the post-Black Friday period may seem like a time of slower sales, it’s a crucial period for building on the success of your holiday promotions and establishing lasting customer relationships. By nurturing your new customers, creating targeted promotions, and emphasising the value of your products, you can manage the slowdown effectively and lay the foundation for future growth. This approach will help you not only weather the post-Black Friday dip but also transform it into an opportunity to boost long-term customer retention and brand loyalty.
Have a good Black Friday.
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