Black Friday + Cyber Monday Review

The past two weeks we have discusses Black Friday and Cyber Monday. With the week of Thanksgiving here and the long shopping weekend approaching, we wanted to do a quick review of key points/ideas for Black Friday and Cyber Monday. If you have any ideas or want to share your experiences with this time of year, feel free to head over to the Squareberry Strategies section of our Forum.

Black Friday

• Lunch on Black Friday is a big opportunity for local restaurants. Most of the shopping is done in the morning to early afternoon and shoppers will need a place to refuel and grab a bite.
• Local small businesses can target the afternoon for promotions. The morning is dominated by large retail chains with big ticket items that are tough to compete with.
• Full Black Friday Post >

Cyber Monday

• Small businesses with online stores should focus on social media to get their local audience sharing and talking about their special offers.
• Restaurants and other local businesses can sell gift cards (a popular git choice) at a discounted rate on Cyber Monday. This is an easy promotion and a way to assure more people will be coming in your doors down the road.
• Full Cyber Monday Post >

 

Next week we will start looking at some tips for promotions and events during the busy holiday season. We will also discuss ideas on bringing in people who are from out of town.

Cyber Monday for Local Business

Read our Previous Post about Black Friday >

Cyber Monday is a more recent tradition in the holiday shopping season. Online retailers looked for ways to capitalize on the hype of post-Thanksgiving shopping. Cyber Monday takes advantage of a workforce sitting at computers following a long holiday weekend. Cyber Monday is becoming (if it has not gotten there already) just as big of a shopping day as Black Friday. Small/local businesses can also take advantage of Cyber Monday to boost sales.

Small Businesses With Online Stores

Many small businesses now offer online stores and ordering. With the creation of easy-to-use content management systems and online stores, local businesses are more capable than ever in this area.

For small businesses with online stores, Cyber Monday can be pretty straight forward. Special promotions and money-saving discounts can be offered to your customers. The key is getting your message out there on a day when all online retailers are looking to promote something. Utilize social media, especially Facebook, and encourage your followers to share you promotions so they spread with your local audience.

Small Businesses Without Online Stores

Things are different for local retailers (or restaurants) that do not have online stores. Cyber Monday normally involves purchasing items online that are shipped to you. However, there is no reason why you can not offer 'online promotions' that are redeemed at your actual business location.

Local businesses can offer special promotions and coupons on Cyber Monday only, meaning the coupon/promotion is only published on your website or on social media for that single day. People can print it or save it on Cyber Monday. At the end of the day, you can take the promotion down. The promotion can then be redeemed anytime after.

Gift Cards

Many local businesses do not have online stores or traditional products to sell. Gift cards are big sellers during the holidays. Restaurants, local retailers and small businesses can take gift card orders on Cyber Monday, offering discounts on their gift cards. Many people will take advantage of this promotion to buy gift cards as gifts for others.