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What do merchants plan to do to maximize their holiday sales?
  • By SellerBites
  • September 9, 2024
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What do merchants plan to do to maximize their holiday sales?

ICYDK, TikTok’s 18-page holiday marketing guide is out. And it’s got some interesting and fresh approaches worth trying this season!

We highly recommend downloading it—but not before you take a look at the interesting and fresh news this week.

POST OF THE WEEK

TRENDING TOPIC

For many merchants, BFCM and the holiday period account for 20% of their annual sales, if not more. Hence, strategies implemented during this time are crucial to an ecommerce business' success

🎁 So, how do retailers plan to dominate the holidays?

Search Engine Journal summed up their master plans.

  • Early prep, especially for inventory management, sales and marketing, and customer service.
    • 26% of merchants start preparing 1–4 weeks in advance.
    • 27% get their plan in motion 1–3 months ahead.
    • 20% start as early as 6 months!
  • Increased inventory. 26% of sellers plan to increase their stocks. At the same time, they plan to tackle the challenge of keeping enough stocks, especially their bestsellers for the duration of the season.
  • Better marketing. 24% plan on elevating their marketing strategies.
    • 29% believe emails are their most effective marketing channel, followed by organic search (25%) and content marketing (6%).
    • 16% are making website improvements.
    • 9% will be offering special discounts and promos.

🎲 Now that you know what other online retailers have in mind for the holiday season, do you plan on copying them or making your own version? Do tell us if you need help crafting one, ‘coz we also got some aces in our sleeves.

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🔶 Highest Converting Category: Clothing, Shoes, and Jewelry at 36.81%

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BITES OF THE WEEK

ACTIONABLE ADVICE

Best preparation tips for Amazon Prime Big Deal Days

Amazon Prime Big Deal Days is just around the corner. This fall event happening in October is a huge opportunity to boost your sales.

⏳ But —you need to make sure you’re prepared to make the most out of it. Jungle Scout shared some tips on how you can get ready:

  • Offer discounts. Make your products stand out with deals like Prime Exclusive Discounts, coupons, and promotions. These not only attract customers but also increase the chances of landing in the coveted Buy Box!
  • Stock up on inventory. Ensure you have enough stock by shipping it to Amazon fulfillment centers before the September 13 deadline.
  • Create FBM offers if FBA inventory is low. This allows you to meet customer demand by shipping orders yourself or using a third-party fulfillment center. If your FBA inventory runs out, your FBM offer can still win the Buy Box!
  • Optimize listings. Update titles, descriptions, and images to make your listings pop. The better your product looks, the higher the chance shoppers will hit that "buy" button.
  • Boost your marketing. Get the word out! Use Amazon PPC, social media, and external ads to drive traffic to your deals.

Prime Big Deal Days isn’t just another sale—it’s your chance to kick off the holiday rush. So, don’t wait until the last minute to prepare.

Use this event to boost your brand, reach more customers, and set yourself up for a profitable holiday season! 🎉

Author : SellerBites
Faith began working on SellerBites in 2021, a weekly newsletter that provides sellers with the latest news and updates in FBA. With first-hand experience in managing various seller and vendor accounts, she understands what sellers face on this platform. Her background led to the conception of SellerBites, which main goal is to help people become better, more informed entrepreneurs in the Amazon marketplace.
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