The holiday season is upon us! Is your business prepared? The average American consumer is expected to spend over $800 during this holiday season. SMB retailers see 20-30% of their annual business during the last two months of the year. It is essential for you to ensure that your business is able to capitalise on the high rate of spending during the holiday season. An estimated 47% of consumers prefer to shop online compared to the usual brick and mortar stores. In other words, it means is that there is big money to be made this time of the year as far as online shopping and marketing go. But how do you make sure that you and your business are prepared?
Here is where you can start…
1) Start Planning For The Holidays Today
If you have a website or a dedicated blog, begin by updating it to reflect the mood of the ongoing holiday and festivities. If you haven't posted a new article, photo or even a mere promotion in a long time, then this is the time to do it! You can also try pinning one or two colourful banners or even populating it with holiday verbiage. If you run a webstore, then it is an opportune time to start planning what deals and discounts you can offer!
2) Step Up Communication with your Customers
The key to driving traffic and increasing sales during the holiday shopping season is knowing exactly who your customer is and marketing to them well in advance of the holiday season. Businesses that communicate with their customers year-round have more successful holiday marketing campaigns because they took the time to build relationships with shoppers. Incorporate your holiday promotion ideas into a year-round marketing strategy. During the holiday season, focus on your existing customers but also work towards improving your business’ online presence and driving more traffic to your site.
3) Harness the Power of Social Media
It's the holiday season. And as far as the web statistics go, this is the time of the year when social media outlets record the highest amount of traffic per year. Therefore, it goes without saying that if you lay out strategic plans to tap into this traffic, you can easily multiply your mailing list subscriber base within a few weeks or even days! Be accessible on every social media platform and every device. 65% of shoppers use social media to find the perfect gift, so help them find your store. Below are a few ideas for great social media posts during the holiday season:
- Gift guides
- Wish list items
- Creative ways to use your business’s products/services
- Seasons greetings from your staff
- Party planning and event ideas
4) Partner with Other Small Business Owners to Drive Sales
Just like the adage goes, there's indeed strength in numbers. And if you're just starting out (have a new blog, website or social media page), you'll be far much better placed this season if you concentrate most of your effort in pooling your resources together and partner with other local businesses in your area by promoting one another’s products/services during the holiday season. Partnerships with other local businesses will spread awareness about your business to a new audience of highly qualified buyers, e.g. if you own a nail salon, you could partner with a hair salon and offer combined holiday packages.
Now is the time to get working on your holiday marketing plan. Try out one - or all - of these ideas to kick-start this holiday season for your business.