Black Friday is around the corner!
And it’s known to be one of the busiest shopping days of the year!
On average, US shoppers spent around $8.9 billion on online shopping during Black Friday and $10.7 billion on Cyber Monday (source).
If your Amazon store is not yet ready for this November holiday sale, you are missing out on plenty of revenue opportunities.
Amazon’s Black Friday sale will start on November 25, 2022, followed by Cyber Monday, which starts on November 26, 2022, and ends on Monday, November 28.
But you’ll see a lot of pre, and post-Black Friday deals several weeks before and after the big day.
If you are an Amazon or e-commerce seller, it’s time to ramp up your preparation for the November holiday selling.
Here are 11 Amazon selling strategies to help you boost sales during Black Friday and Cyber Monday.
Successful sellers plan ahead of time!
To get the most out of the Black Friday sales on Amazon, you need to get familiar with the previous and current year’s shopping trends.
The aforementioned will help you figure out what’s currently trending in the e-commerce industry.
Here are some shopping trends of the previous year that’ll help you:
Prepare your inventory to handle the holiday demand. This not only applies to Black Friday and Cyber Monday but also the upcoming Christmas and New Year.
It will help you fulfill all your orders on time and make your customers happy.
Your Black Friday deals need to get approval on Amazon Seller Central before you can run them on your listing. And it can take some time.
So, submit your deals to Amazon Seller Central ahead of time, and ensure you get approval before the Black Friday sale.
Amazon has several criteria for sellers who want to join in on the Black Friday shopping deals.
Make sure you fulfill all the criteria before getting approval from Amazon.
Black Friday and Cyber Monday are all about deals and offers! But it doesn’t mean you have to offer deals only on Black Friday.
Skilled Amazon sellers know that most Black Friday deals start much ahead of time and last until a week later.
Thankfully, Amazon offers various deal types you can run to improve conversion on your products throughout the holiday season.
And it’s known to be one of the busiest shopping days of the year!
This is by far the easiest way to give deals during the holiday season and get more sales. Just ensure that the sale price is lower than the last ASIN price for the last 30 days.
Coupons are a great way to grab a customer’s attention during the holiday season. The best part is, you can set up a budget limit for your coupons, and once the budget is hit, the coupons will automatically get deactivated.
Another great way to generate more sales during Black Friday is running BXGY offers on complementary products to promote basket-building. It helps you move through high-volume inventory and get people to buy products that they never would’ve considered buying.
Though Amazon does not allow words such as ‘deals,’ ‘sale,’ ‘best,’ etc., in your listings,
you can still get your products optimized for Black Friday and Cyber Monday by updating the titles and descriptions with holiday keywords such as ‘gifts,’ ‘party decor,’ etc.
You can use the SellerApp Reverse ASIN tool to find high-ranking keywords from your competitor’s listings and add them to your product.
Pro Tip: Optimize the product description with Amazon A+ content to make it holiday friendly. This will increase your conversion rate.
Check out the 2022 Amazon Product Listing Optimization Guide for more details.
Holiday shoppers are spoiled with choices. Offering free shipping and return might be the only differentiating factor between you and your competitors’ products.
Offering free shipping and returns will spice up your holiday sales and convince the shoppers to buy your product.
Advertising is your holy grain during Black Friday, and you should double down on it if you want to enjoy higher sales.
Here are some advertising strategies you can implement during the holiday season.
You can use SellerApp’s advertising feature to identify the search terms with higher ACoS and optimize them for the best results.
Note: Tailor your ad campaigns to fit your business goals. It’s often easy to get lost amid the holiday rush. However, based on your end goals, you need to optimize your advertising KPIs such as conversion rate, click-through rate, CPC, etc.
Use Instagram, Youtube, Facebook, and blog in your conversion funnel. Drive attention through exciting product discounts and offers!
If you are creating campaigns on social platforms, you need to have a plan with a goal of what you want to achieve. Regardless of your paid advertising strategy, you should promote your products on social media to stay on top of your customer’s minds.
Apart from promoting, social media allows you to engage and interact with your customers directly. Take that opportunity to find out what they plan to buy during Black Friday and Cyber Monday.
The best way to retain customers during the holiday season is by providing them with exceptional customer service.
If you are selling using Amazon FBA, Amazon handles your customer service.
But if you are selling through FBM (Fulfillment by Merchant), you must ensure that your customer service is ready to handle the shopping rush.
Millennials have one of the highest disposable incomes in the USA. (source) And 58% of Gen Z buy in the Black Friday sale, closely followed by 54% of millennials.
However, you can’t simply target them based on their age. Millennials are a different kind of audience. You need to offer something unique. Here are a few things to consider while targeting millennials in your ad campaigns:
Take a good look at your Amazon Black Friday sales for the last 1-2 years. Use that data to make smart and strategic decisions for sales this year.
There is a whole world of data on Amazon’s Sales Dashboard. You need to find the right set of data to make strategic decisions. Such as
Recommended Guide: Amazon Seller Tips to Increase Sales in 2023.
Here are some of the key takeaways:
The holiday season can be hectic and competitive for sellers. But it also brings plenty of opportunities to maximize your revenue.
Follow the above mentioned points, and see how Amazon fills your pocket during Black Friday and Cyber Monday sales.
If you still have questions regarding Black Friday and Cyber Monday, let us know in the comments below or shoot us a mail at support@sellerapp.com.
Happy Selling!!
Additional Read;
Profit & Loss Statement for Amazon Sellers.
Jorge
November 17, 2022I like this blog!! It’s a masterpiece for amazon sellers
Gilbert
November 17, 2022Always learning something with the help of SellerApp