Are you ready for this year’s Black Friday campaign?
Nikola Ilchev
Founder @ Balkan eCommerce Summit | eCommerce Expert, Innovator and Community Builder
Black Friday is just around the corner, and it’s the most exciting (and potentially profitable) time of the year for your eCommerce business! Whether this is your first or fiftieth Black Friday sale, I have some tips for you in order to help you maximize your sales, handle increased traffic, and avoid potential mistakes and most importantly unhappy customers.
What to take into account in you Black Friday preparation:
Note: No matter how much effort you put into planning or how accurate your forecasts are, there will always be products whose demand surprises you.
Personal example: A few years ago, while preparing for Black Friday, I successfully negotiated with 5-6 of our suppliers to reserve stock with them. This arrangement allowed us to meet high demand for specific items, while ensuring it wouldn't disrupt their sales process if our demand turned out to be lower than expected. This is a good strategy that will allow you to be flexible and secured during your Black Friday campaign
What to expect on Black Friday
领英推荐
Handling orders and requests
I was looking for examples of successful Black Friday campaigns I can share with you, but instead I decided to share one that went wrong:
JCPenney (2019)
Stay focused and plan for success
Black Friday is an incredible opportunity, but preparation is key. Focus on inventory, marketing, customer service, and website performance to ensure a successful event. By learning from both the wins and losses of others, you can navigate the busiest shopping day of the year with confidence!
Wishing your company the most successful Black Friday ever!
?? The following 3 are contributed by Martin Penchev , a member of our eCommerce Awards' legal team:
1. Compliance with Advertising Regulations -?Ensure that your advertisements do not contain misleading information. All claims regarding discounts and offers must be accurate and verifiable. Avoid using terms that may be deceptive.
2. Update your privacy policy if you collect data just to give some discounts -? Ensure that the information on how you collect and process personal data during Black Friday is clear. Inform customers about what data will be collected when participating in promotions and how it will be used.
3.?Checking Marketing Communication Consents and update your contact lists - Ensure that you have up-to-date consent for receiving marketing information, especially for newsletter subscriptions. The recommended retention period for consent is usually around 2 years. If the consent has expired, obtain new consent so that you can inform customers about upcoming Black Friday offers.
?? One more additional advice, provided by Desislava Markova :
“Your Black Friday campaign isn’t just about the deals—it’s about the experience. High-quality images on your website are customers' first impression of your brand. In the split-second it takes them to decide whether to click or scroll past, your visuals must captivate and convince. Crisp, compelling photography can turn curiosity into clicks and clicks into conversions. Don’t let poorly lit or low-resolution images cost you sales. This Black Friday, let your visuals speak volumes about the value and quality of what you’re offering.”
** Drop me a private message if I'm missing something important and I'll include it in the article with tagging you in