Having a holiday sales strategy is important for online sellers, however developing a more in-depth strategy that focuses on each unique holiday can result in much higher sales numbers.
The holiday shopping season, beginning in late October and lasting until early January, is composed of three major holidays: Halloween, Thanksgiving and Christmas. In addition to the “big 3”, a few e-commerce related days have gained popularity over the years, including: Boxing Day (December 26), Free Shipping Day (December 18) and Super Saturday (December 19).
Here’s what you need to know in order to fully leverage each holiday and increase your sales this year:
Did you know that 40% of shoppers begin their holiday shopping before Halloween?
This holiday is all about candy, parties, greeting cards, and most of all costumes. The National Retail Federation (NRF) predicts a decline in Halloween spending in 2015, likely due to people economizing by reusing Halloween costumes and decorations. To combat this, make sure you offer economy-friendly options for those seeking deals.
This holiday is all about giving, and not paying attention to it may result in you giving up sales! Popular items during the holiday include themed kitchen and household accessories, and lawn & garden, but the major things to look out for as an e-tailer are Black Friday and Cyber Monday.
With Cyber Monday (November 30) now the largest online spending day of the year, and Black Friday (November 27) the 2nd largest, these two important days deserve an entire post of their own. Check out 5 Ways to Make History on Cyber Monday & Black Friday for more info.
One of the most popular holidays of the year, for online sellers Christmas = $$. While some sellers focus only on the US market, this major holiday is popular around the world and results in amazing online sales in other global markets including Canada, the UK and Australia.
You’ll want to focus on three major groups when developing your Christmas sales strategy:
For more information on how to plan, build and execute your entire marketplace seller strategy, download the Marketplace Sellers Guide.
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