Black Friday 2020 in eCommerce: How to Turbo-Charge a Web Store
Most of Black Friday deals in 2020 will be online through ecommerce websites and other online channels. Brick and mortar retailers are going to be competing against digital giants like Amazon and eBay.
This article is a how-to template to help you join the Black Friday 2020 and help your business get the maximum benefit.
Each year, the months of November and December is the time that is eagerly awaited by shopping lovers and discount enthusiasts. One of the biggest shopping days, Black Friday, a tradition that was originally cultivated in the United States, has recently become popular all over the globe. For shoppers, Black Friday is a chance to snap up the best offers and deals. For merchants, this is an opportunity to increase sales.
That is the reason why retailers are getting thoroughly ready for it.
However, over the last several years, customers have been moving online, changing habits, expectations, and routine. In 2020, due to the impact of Covid-19, retailers all over the world are moving the deals online so that fewer consumers feel the need to be in crowds during the Black Friday season.
SaleCycle, a behavioral marketing platform developer company, has published a research covering lots of Black Friday online retail stats. The below table shows that in the US only online sales on Black Friday 2019 have beaten all the previous records and reached $7.4 bln.
In 2020, the global tendency for retail migration online has been enhanced by the Covid-19 pandemic. This year, the total number of online shoppers makes 2.05 bln, according to the stats data revealed by Oberlo. This number is already 130 mln more than in 2019.
With this in mind, we would like to share with you 5 tips to help get your ecommerce business prepared for one of the most unprecedented shopping events this year, Black Friday 2020.
Stay tuned and read on.
How To Nail Your 2020 Black Friday Strategy
During the Black Friday shopping season they say “bargain is in the air”. Consumers are in the search for special offers and discounts.
To get the most out of this shopping season and Black Friday mood, businesses need to satisfy their shoppers’ wants and deliver the feeling of getting a great deal. Besides, this season is also a good opportunity to entice new consumers to your web store as well as to leverage loyalty of those who have been your customer for long.
So what to do to make Black Friday 2020 a win-win for both an ecommerce business and its customer?
Below are the strategies that we consider to be worth following.
1. Send “sneak peek” emails in advance
Despite the growing number of social media platforms and messenger apps, conventional emails remain one of the most popular forms of communication. Last year, global email users amounted to 3.9 billion as per one of the latest Statista’s charts. The company’s analytics predict growth up to 4.48 billion users in 2024.
The major benefits that Email marketing brings include:
- Opportunity to reach the customers 24/7/365;
- Ability to anytime adjust marketing strategy to fit your business needs;
- Consistent return on investment (providing that you stick to the proper strategy).
Ecommerce marketers shouldn’t miss a chance to use this year’s Black Friday season to send out emails containing a “sneak preview” of special offers. Particularly in 2020, sending out your seasonal promotional emails at least 10 days in advance will help grab the attention and keep your customers interested.
What you can do to get the maximum out of your email campaign?
- Get your email database and email list segmented. Sending emails that follow your particular customers’ interests for various product categories will make your email campaign targeted and much more precise.
- Stay personal and relevant. Сustomers appreciate a personalized approach. Whether it’s expressed through a personalized greeting or a custom subject line.
- Use call to action buttons (CTA). The use of strategically placed Call to Action buttons in your email letter will help the customers to navigate the content you provide and direct them to your web store to purchase the advertised goods.
2. Target discounts to different customer segments
Offering products at a lower price is not always enough though. Offering products that your customers have a particular interest in will be a totally different thing. The strategy has many times proved to be a working one.
Customer segmentation is another way to a highly targeted pre-Black Friday email campaign. Through analyzing the histories of your customers’ purchase orders, you’ll be able to adjust the content of your promotional offers to fit the person receiving it.
Outlined below are 4 types of customer segmentation that we believe are key and worth your attention:
- Demographic segmentation. This type of customer segmentation includes parameters such as age, gender, occupation, marital status, and ethnicity.
- Geographic segmentation. In this case, you differentiate the customers and tailor your offers according to geographic segments, such as country, state, and niche market size.
- Behavioral segmentation. This type of customer segmentation includes the division based on interactions with your web store or promotional landing page.
The sub-types are:
- Occasional buyers;
- Seasonal shoppers;
- Regular customers;
- VIP clients.
- Lifecycle segmentation. Lifecycle-based segmentation helps to divide customers according to the stages of the buying processes. For example, you can create special deals for those who haven’t visited your web store for a while to get these customers back, or those who have abandoned carts at checkout.
3. Make the Black Friday season last longer
As a bigger number of sales are expected to be online this year, we can see brands launching their Black Friday activities early in advance. No need to wait till the end of November as you can start to run your promotional campaigns even now and during the whole month of November.
Black Friday is not limited to one-day-long discounts anymore. In most cases, this event gets blended with the start of the Christmas holiday season. To take the most out of the right customer mood and the boosted desire to purchase more, let them do so by prolonging your Black Friday season.
“Early Black Friday Sales” or weekly “Best Seller Deals” will help make the shopper’s festive mood last longer. In addition, your web store might also keep getting attention and bringing customers back long after the season ends.
4. Create standalone pages for your key Black Friday offers
Through building a well-designed landing page for your core Black Friday offers and seasonal deals you will help your customers see the profit they can get more clearly and distinctly. As a result, you significantly increase the conversion rates.
When building a dedicated landing page, pay attention to:
- Page loading speed. When it comes to ecommerce websites and online purchases, every second counts. Make sure your landing page performance is optimized and it loads quickly.
- Content hierarchy. In the intention to discount as many items as you can afford to, it’s critical to organize all the page content clearly and intuitively. Multiple deals on one web page may puzzle your customers. We would recommend selecting one or two deals so that you could show all the perks that your customers will get by making the purchase.
5. Extend the map of shipping destinations
2020 is the year showing and proving the fact that customers prefer using delivery options to shopping in-store.
The report of Statista makes it vivid that delivery and pickup option prevails as the figures reflecting order delivery usage have grown by 58.33% from March to June. That is in the US alone.
Black Friday 2020 makes a great time to provide your customers with free order delivery and international shipping discounts. More shipping destinations is an important service to provide for your international shoppers who will appreciate the new option and stay loyal to your brand.
3 Tips from Us To Help Win the Black Friday 2020 Race
If you’ve read the article this far, you’ll also learn three vital but not-so-commonly-used tactics. We would call these tactics this way based on what our team has learned by working with ecommerce brands.
Here’s what we consider makes sense and what should never be missed out on to get your business ready for the year’s biggest discount period.
1. Adopting a mobile-first approach will become key.
To timely respond to the changing needs of consumers, focus on closer cooperation and start selling to your consumer directly, involving them in mobile experiences.
A large number of online traffic and sales are still coming from desktop site versions. However, multiple research studies show that the percentage of mobile shoppers already prevails.
This year in particular, we can see the growing need for maintaining contact with consumers through mobile-first websites.
Here’s what we would recommend you to take into account.
- Make sure your website is responsive and mobile-friendly;
- Add mobile payment options, such as Apple Pay and Google Pay;
- Avoid distractive pop-ups and ads at the very start of customer experience on your website.
In our article about M-Commerce Evolution, we’ve revealed much more of what you can do to optimize your web store for mobile.
2. Time to expand brand presence and promotion on social media.
Most of your customers are on social media. Trust us. Growing digital usage and a global pandemic have accelerated social commerce, making people totally comfortable with the idea of shopping on social media.
So why not advertise Black Friday deals there?
Here’s what you can start with to grab the users’ attention:
- Announce the greatest deals;
- Show how your staff is preparing for the event;
- Make live videos.
Not long ago we published a social media related article revealing the most easy-to-implement SMM strategies that can help you to come up with numerous ideas of what to post.
3. Convenience for the user will be a competitive differentiator
Competition in ecommerce is beyond the boundaries. One of the core ways to stand out from your rivals is to provide exceptional customer experience through innovation and convenience.
Latest technology and creativity are key to help you develop new features. Some of the basic upgrades that you can offer to your customers include:
- Improved desktop and mobile website design;
- New functionality;
- More options for the customers’ feedback.
At NEKLO we can help you to streamline your ecommerce activity and improve brand recognition by updating your existing solution or building a new one from scratch. If you need a technology partner, our web development services might be of interest to you.
The NEKLO team will help deliver the utmost shopping experience and win the competition. Projects in our portfolio show how we work to help businesses to constantly push the boundaries.
2020 is a year of change. Hardly anyone could predict how Black Friday and the upcoming holiday shopping season would look like.
The key features for ecommerce that will enable businesses in the industry to stay alive in the changing environment are flexibility and adaptability. By adopting the tactics we suggested in the article, you will be ready to win the Back Friday 2020 race.
Try them out, boost sales, and may the force be with you!