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How small businesses can win on Black Friday and Cyber Monday

How small businesses can win on Black Friday and Cyber Monday
Enterprise Nation

Enterprise Nation


Posted: Tue 26th Nov 2024

Once thought of as American imports, Black Friday and Cyber Monday are now a crucial part of the retail calendar.

The UK retail e-commerce revenue forecast is estimated to be £103 billion for 2024, making it an opportunity you can't afford to miss.

Read on for some practical tips on how to get your business ready for the big event.

1. Think mobile-first

VoucherCodes.co.uk’s Shopping for Christmas Report 2024 predicts that for a second year in a row, smartphone sales are expected to exceed PC sales, with smartphone devices now accounting for 42% of online sales, or £13.51 billion.

Sales will rise, especially among younger shoppers who are more likely to be targeted by ads on social media and use in-app shopping, such as TikTok Shop.

Have you thought of the following:

  • Can customers access the information they need on their mobile devices?

  • Is checkout a simple process, without reverting to the desktop?

  • Are you taking all touchpoints into consideration when mapping the consumer journey, both online and offline behaviour?

 

VIDEO: How to grow your business on TikTok

In this webinar, Katey McElroy, SMB strategic partnership manager at TikTok, shares her top tips for using TikTok as a platform to grow your business:


2. Make sure your store can handle increased demand

Reports from Queue.it found that Black Friday remains the biggest day, with traffic three times (295%) the regular October shopping day.

Top tip: Test your website to check it can take a massive surge in traffic, as any downtime can mean missed opportunities.

3. Create banners and hero images

You can use these to advertise your Black Friday or Cyber Monday sales early, consistently and with force!

Canva is a great free resource if you don’t have an in-house designer. It even gives you the right dimensions for social images.

4. Build a sense of anticipation and emotional connection

Start to tease the deals ahead of time using social media or your newsletter but don't forget to add a dash of humanity.

In the words of the great Maya Angelou: "People will forget what you said. People will forget what you did but people will never forget how you made them feel."

5. Check your policies and get feedback before the rush!

Is it clear where to find delivery and shipping information? How do you deal with refunds? Have a clear process to deal with any unexpected issues.

6. Make some noise

Why not take a shot at pitching your product or service to blogs and gift guides? You don't need a PR agency. The hashtag #journorequest on X is a great place to look for last-minute UK-specific press opportunities.

7. Reward loyal customers and repeat customers with exclusive offers

How about a free gift or an attractive add-on? Complimentary gift wrapping is always appreciated, too.

8. Do you have a bricks-and-mortar store?

Team up with other small businesses in your area to create a Black Friday (or Christmas) marketing strategy to attract shoppers.

 

VIDEO: How to elevate your brand and shine at pop-up markets

Jason Brett shares his top tips about brand image, body language and the art of engaging with customers. He also explains how to give great customer service and increase your sales performance at pop-up markets:

 

9. Make sure you have quick and courteous responses to all FAQs

It’s a great time to strive to go above and beyond with communicating with customers who take the time to chat with you on social media.

Set up a Facebook autoresponder, sharing your phone details and email if immediate help is required and briefing your social media support team on all aspects of your Black Friday and Cyber Monday offers.

10. Finally, give yourself some room to breathe!

While it's great to be over-prepared, make sure you take some time for yourself this festive season. Flexibility and reflectiveness are critical parts of the growth phase for any business.

Relevant resources

Enterprise Nation

Enterprise Nation

Enterprise Nation has helped thousands of people start and grow their businesses. Led by founder, Emma Jones CBE, Enterprise Nation connects you to the resources and expertise to help you succeed.

Disclaimer: The views expressed in this content is solely that of the author and does not necessarily reflect the view of Grow London Local. Grow London Local accepts no liability for any loss occasioned to any person acting or refraining from action as a result of any material in this publication. We recommend that you obtain professional advice before acting or refraining from action on any of the contents of the content.

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