If you’re in marketing, you’ve already bypassed pumpkin spice lattes and are thinking about Christmas carols and decor. Holiday creep isn’t anything new, it’s here and it’s real, especially in the advertising world.
According to the National Retail Federation, retailers can stand to make up to 30% of their yearly sales just in the holiday shopping season. [i] With customers starting their seasonal research early, it pays to be ready and armed with a plan.
Here are some tips to get you going:
Tip #1 Retailers should have websites and resources ready by no later than October.
Why? Customers start researching holiday gifts as early as September.
Tip #2 Make sharing of information easy with in-store apps or email marketing.
Why? 44% of customers get ideas from family and friends.
Tip #3 Create a sales recommendation list.
Why? 54% of shoppers utilize recommendations from retailers.
Tip #4 Send limited time offers via email, SMS, or direct mail campaign.
Why? 48% of shoppers still make impulse purchases for themselves and others. [ii]
Happy holiday marketing!
[i] To Maximize Holiday Sales Start Planning Your Marketing Early, Entrepreneur Magazine Online, August 1st, 2017 https://www.entrepreneur.com/article/248165
[ii] National Retail Federation Holiday Planning Playbook July 2017, https://nrf.com/system/tdf/Documents/retail%20library/NRF%202017%20Holiday%20Planning%20Playbook.pdf?file=1&title=2017%20Retail%20Holiday%20Planning%20Playbook
Qinghua Lao & ERC team