Black Friday and Cyber Monday represent two of the most important days for consumers and businesses alike. The staggering numbers from last year show the overwhelming impact of these shopping holidays, with a massive $9.5 billion spent on Black Friday alone! If you run an e-commerce store or retail business, it's critical to understand the consumer trends driving these figures and how to leverage them to boost your sales.
Let’s dive into some key insights and discover how SMS marketing can play a pivotal role in your Black Friday and Cyber Monday strategy.
It’s no surprise that more consumers are turning to online shopping during Black Friday. According to Demandsage 75% of respondents are planning to shop online this Black Friday. Convenience, coupled with the pandemic-driven surge in e-commerce, has made online platforms the go-to option for shoppers looking to snag the best deals.
How to leverage this: If you’re an online retailer, this is your chance to shine! Use SMS marketing to notify your customers of flash deals, exclusive offers, and stock updates. SMS open rates are sky-high, with 98% of people saying they open every text they receive, so there’s no better channel to reach your audience during this busy period.
The shopping frenzy starts earlier than you think. 34% of people will begin shopping on Thanksgiving Day. This means businesses can’t wait until Black Friday to roll out their deals. Engaging with customers early gives you a head start, capturing those early-bird shoppers who want to secure deals before the big rush.
How to leverage this: Use SMS to give your customers sneak peeks of your Black Friday promotions ahead of time, encouraging them to shop early. You could even create an SMS-exclusive discount for those who subscribe to your messages, increasing customer loyalty.
One of the most striking facts is that 98% of consumers open every text message they receive. This is far higher than email open rates, making SMS one of the most effective ways to engage your audience. During the busy Black Friday and Cyber Monday periods, when customers are flooded with marketing emails, SMS can cut through the noise and provide immediate, attention-grabbing communication.
How to leverage this: Ensure your SMS messages are personalized, timely, and provide clear value. Whether it's a time-sensitive deal or a reminder about an abandoned cart, SMS can drive traffic to your online store and increase conversions.
Another shift in shopping habits is the growing aversion to long lines. 37% of Black Friday shoppers are abandoning lines after waiting less than 30 minutes. This trend emphasizes the need for seamless shopping experiences, whether through online channels or offering alternatives like curbside pickup.
How to leverage this: Promote the convenience of shopping online or using alternative methods like in-store pickup via SMS. Let customers know that they can avoid the hassle of long lines and still get the deals they want by shopping with you online or picking up their items at a convenient location.
Finally, it’s worth noting that 20% of consumers plan to spend $1,000 or more on their holiday shopping this year. These are your high-value customers, and you need to make sure you’re capturing their attention with premium offers and personalized experiences.
How to leverage this: Target your biggest spenders with VIP offers through SMS. Consider offering them early access to your biggest deals or exclusive promotions that cater to higher budgets.
Black Friday and Cyber Monday are critical opportunities for businesses to drive sales, and the data speaks for itself: online shopping is the future, and SMS is the channel that will get you directly in front of your customers. With open rates at 98% and the ability to engage customers early and often, SMS marketing can boost your results during this shopping season.
To summarize:
Start preparing your SMS campaigns today, and take advantage of the record-breaking consumer spending coming your way this Black Friday and Cyber Monday!